other material
confidence high
sentiment neutral
materiality 0.30
Pioneer Power files $8.6M ATM prospectus supplement after completing $9M prior offering
PIONEER POWER SOLUTIONS, INC.
- Completed prior ATM: sold 888,500 shares for ~$9.0M gross at avg $10.1288/share.
- Files new ATM supplement for up to $8.6M in common stock under existing shelf.
- After filing, ~$16M remaining capacity under the S-3 registration statement.
- Opinion of Haynes and Boone LLP on legality of shares issued under supplement.