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Clean Energy Fuels of Seal Beach closes follow-on stocks
The public offering of 9,430,000 shares closed July 1 at $8.30 per.
By Susan BelknappPublished: July 05, 2009 09:46 AM
Seal Beach-based Clean Energy Fuels Corp., the leading provider of natural gas for transportation in North America, announced July 1 that it closed its public offering of 9,430,000 shares of common stock at a price of $8.30 per share.
The collective amount of common shares sold reflects the exercise in full by the underwriters of their option to purchase up to 1,230,000 additional shares of Clean Energy’s common stock to cover over-allotments.
Clean Energy Fuels received aggregate net proceeds of approximately $73.2 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the company.
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Seal Beach-based Clean Energy Fuels Corp., the leading provider of natural gas for transportation in North America, announced July 1 that it closed its public offering of 9,430,000 shares of common stock at a price of $8.30 per share. The collective amount of common shares sold reflects the exercise in full by the underwriters of their option to purchase up to 1,230,000 additional shares of Clean Energy’s common stock to cover over-allotments. Clean Energy Fuels received aggregate net proceeds of approximately $73.2 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the company. NEXT PAGE >> Related headlines ‘OC METRO Minute,’ July 6: clean tech venture investments up 12 percent from first quarter ‘OC METRO Minute,’ June 30: Broadcom ups offer of Emulex to $11 per share Fountain Valley’s Hyundai locks in gas prices for buyers Costa Mesa-based T3 Motion reveals new CT3 vehicle |
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