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Ideal Power Announces Pricing of $14 Million Financing of Common Stock
Ideal Power’s offering includes a 30-day option to buy 15% additional shares to fund B-TRAN commercialization and general corporate needs, led by major institutional shareholders.
- In Austin, Texas, Ideal Power announced on Feb. 23, 2026, that it commenced an underwritten public offering of its common stock.
- To fund B‑TRAN commercialization, the proceeds will support customer design‑ins, custom development programs, initial production ramp with strategic partners, and general corporate and working capital purposes.
- Ideal Power expects to give the underwriter a 30‑day option to purchase up to 15% over‑allotments, with all shares sold by Ideal Power.
- Notably, insiders including the CEO participated, and the financing was led by the company's largest existing institutional shareholders.
- Given market and other factors, the company warned there is no assurance as to the offering size and terms or completion timing.
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Leaning Left2Leaning Right1Center13Last UpdatedBias Distribution81% Center
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13%
C 81%
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