other material
confidence high
sentiment neutral
materiality 0.70
FuelCell Energy prices upsized $225M common stock offering at $21.00/share
FUELCELL ENERGY INC
- Offering upsized to 10,714,286 shares at $21.00/share; gross proceeds $225M.
- Underwriters' option for 1,607,143 additional shares fully exercised; net proceeds ~$245.4M.
- Proceeds for manufacturing capacity expansion, working capital, and general corporate purposes.
- Citigroup and Barclays lead; expected close July 9, 2026.