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Seal Beach-based Clean Energy sets price for common stock
Company offers 8.2 million shares at $8.30 per share.
By Kristen SchottPublished: June 26, 2009 11:17 AM
Seal Beach-based Clean Energy Fuels has set the price for the public offering of its common stock at $8.30 per share. About 8.2 million shares are up for grabs.
The natural gas provider has also granted the underwriters a 30-day option from the date of the final prospectus supplement to buy up to 1.23 million additional shares of its common stock.
The move comes after an announcement earlier this week in which Clean Energy stated that it was offering 6 million shares of its stock to the public for an undisclosed amount. The amount increased to 8.2 million shares because of the high level of interest, according to the company.
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The natural gas provider has also granted the underwriters a 30-day option from the date of the final prospectus supplement to buy up to 1.23 million additional shares of its common stock. The move comes after an announcement earlier this week in which Clean Energy stated that it was offering 6 million shares of its stock to the public for an undisclosed amount. The amount increased to 8.2 million shares because of the high level of interest, according to the company. NEXT PAGE >> Related headlines Seal Beach-based Clean Energy offers 'green' investment 'OC METRO Minute,' June 22: Clean Energy offers 6 million shares of its common stock to the public Laguna's 'Tidepool' takes home an Emmy |
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