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Westport Fuel Systems prices US$10 million registered direct offering at US$2.06 per share

PUBT·06/22/2026 12:03:31
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Westport Fuel Systems prices US$10 million registered direct offering at US$2.06 per share
  • Westport Fuel Systems priced a US$10 million registered direct offering of 4,854,369 common shares or pre-funded warrants.
  • Concurrent private placement includes warrants for up to 4,854,369 shares; combined effective purchase price set at US$2.06.
  • Private placement warrants carry a US$2.06 exercise price, are immediately exercisable, expire in two years.
  • Closing expected June 23, 2026; proceeds earmarked for working capital, general corporate purposes.
  • Full cash exercise of the private placement warrants would add about US$10 million in gross proceeds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westport Fuel Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606220800PRIMZONEFULLFEED9750218) on June 22, 2026, and is solely responsible for the information contained therein.