15.8.2007: Meldung: Active Power schließt Privatplatzierung ab

Active Power, Inc., inventor and manufacturer of the most energy-efficient critical power systems in the world, announced today it completed a private placement of approximately $14 million of common stock to institutional investors. The transaction involved the sale of 10,000,000 shares of common stock at a purchase price of approximately $1.40 per share. Active Power intends to use the net proceeds from the placement to grow the business in new and expanding markets and for working capital purposes. RBC Capital Markets acted as the exclusive placement agent for the offering.
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