AMSC Reports Filing of Public Offering Registration

August 28, 2003 by Jeff Shepard

American Superconductor Corp. (AMSC, Westborough, MA) announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed public offering of 4,000,000 shares of its common stock. The lead underwriter for the offering will be Needham and Company Inc. The offering will include an option for the underwriters to purchase up to an additional 600,000 shares to cover over-allotments, if any. A registration statement relating to these securities has been filed with the SEC, but has not yet become effective.