FuelCell Energy Announces 9,000,000 Share Offering of Common Stock
FuelCell Energy, Inc. announced that it intends to publicly offer 9,000,000 shares of its common stock. In addition, FuelCell intends to grant the underwriters an option to purchase up to an additional 1,350,000 shares to cover over-allotments, if any.
Proceeds from the offering will be used for general corporate purposes, including capital expenditures. Credit Suisse Securities (USA) LLC is acting as sole book-running manager. Canaccord Adams, Lazard Capital Markets and RBC Capital Markets are acting as co-managers.
A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. The securities will be offered by means of a prospectus included in the registration statement and an accompanying prospectus supplement.