Capstone Green Energy closes ~$8M public offering of common stock and warrants

Capstone Energy Plus, Inc.

Gross proceeds of ~$8.0M; net proceeds ~$7.2M after underwriting discount and expenses.
Offered 2,934,498 shares and warrants to purchase equivalent shares at $2.75 per unit.
Warrants exercisable immediately at $2.75 per share, expiring 5 years from issuance.
Proceeds to be used for working capital, general corporate, and EaaS rental fleet expansion.
Lake Street Capital Markets served as sole book-runner; Joseph Gunnar & Co. as co-manager.

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