AMSC prices public offering of 4.125M shares at $28, expects net proceeds of $108.2M

AMERICAN SUPERCONDUCTOR CORP /DE/

Offering of 4,125,000 shares of common stock at $28.00 per share.
Net proceeds expected ~$108.2M after underwriting discounts and offering expenses.
Proceeds for working capital, general corporate purposes, and potential strategic acquisitions.
Closing expected June 12, 2025; underwriters granted 30-day option for up to 618,750 additional shares.
Oppenheimer & Co. Inc. acts as representative of the underwriters.

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