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Gevo Inc announces closing of public offering of common stock

Monday, 16 Dec 2013 04:01pm EST 

Gevo Inc:Says closing of its previously announced public offering of 18,525,000 common stock units, at a price to the public of $1.35 per unit.Says each common stock unit consists of one share of common stock and a warrant to purchase one share of common stock, which are immediately separable and were issued separately.Says aggregate net proceeds to Gevo from the offering are expected to be about $22.6 mln, after deducting underwriting discounts and commissions and estimated offering costs.Says Certain of Gevo's directors, officers and existing stockholders, including Total Energy Ventures International, Khosla Ventures and affiliates, Virgin Green Fund I, L.P. and Malaysian Life Sciences Capital Fund Ltd., or their respective affiliates, participated in the offering.Says Piper Jaffray & Co. acted as sole manager. 

Company Quote

0.0085 +2.39%
24 Oct 2014