Key Developments: Superconductor Technologies Inc (SCON.OQ)

SCON.OQ on NASDAQ Stock Exchange Capital Market

2.84USD
26 Dec 2014
Price Change (% chg)

-- (+0.00%)
Prev Close
$2.84
Open
$2.87
Day's High
$2.88
Day's Low
$2.78
Volume
7,835
Avg. Vol
10,752
52-wk High
$3.81
52-wk Low
$2.09

Search Stocks

Latest Key Developments (Source: Significant Developments)

Superconductor Technologies Inc announces sale of equity interest in Resonant Inc. for $3.56 million
Tuesday, 30 Sep 2014 06:30am EDT 

Superconductor Technologies Inc:Says that it has agreed to sell its minority position of 700,000 shares of common stock in Resonant Inc. to various buyers for an aggregate of $3,564,400 in a private transaction.The buyers include the founders and employees of Resonant Inc. who have collectively offered to purchase 49,500 shares.  Full Article

Superconductor Technologies Inc and the Robinson Research Institute enter into strategic agreement to focus on applications for energy and health industries
Wednesday, 17 Sep 2014 06:30am EDT 

Superconductor Technologies Inc:Entered a strategic agreement to jointly engage end customers and partners in the building of superconductor products utilizing STI's high performance Conductus superconducting wire and The Robinson Research Institute's superconducting device technology.  Full Article

Superconductor Technologies Inc awarded patent
Wednesday, 7 May 2014 06:30am EDT 

Superconductor Technologies Inc:Awarded US Patent No. 8,716,187, entitled RF-Properties-Optimized Compositions of (RE) Ba2Cu3O7-8 Thin Film Superconductors from US Patent and Trademark Office.Patent further enhances co's intellectual property portfolio that supports conductus superconducting wire program.  Full Article

Superconductor Technologies Inc announces exercise of warrants
Thursday, 27 Mar 2014 06:30am EDT 

Superconductor Technologies Inc:Warrants closed in Aug. 2013 was exercised.Exercised warrants generated net proceeds of about $3.7 mln.Proceeds will increase company's cash reserves.  Full Article

Superconductor Technologies Inc strengthens IP portfolio
Thursday, 13 Mar 2014 06:30am EDT 

Superconductor Technologies Inc:Enters into non-exclusive license agreement with international company for wireless technology patent previously developed by STI.In consideration for use of patent, STI will receive cost savings on support equipment for Conductus HTS wire program.  Full Article

Superconductor Technologies Inc Closes $12 Million Underwritten Offering
Friday, 9 Aug 2013 02:14pm EDT 

Superconductor Technologies Inc announced that the closing of its previously announced underwritten public offering of units of common stock and warrants. The Company received net proceeds of approximately $10.9 million after deducting underwriting discounts and commissions and offering expenses. A total of 5,721,675 shares of common stock were issued, plus an additional 954,001 shares subject to pre-funded warrants with an exercise price of $0.01 per pre-funded warrant. In addition, a total of 6,675,676 five year warrants and 3,337,838 two year warrants were issued, each with an exercise price of $2.57. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. acted as the sole book-runner for the transaction.  Full Article

Superconductor Technologies Inc Prices $12 Million Underwritten Offering
Tuesday, 6 Aug 2013 09:30am EDT 

Superconductor Technologies Inc announced that it has priced an underwritten public offering of units of common stock and warrants at a price of $1.799 per unit for gross proceeds of $12 million, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company. Each unit consists of one share of common stock and two warrants: one five year warrant to purchase one share of common stock, and one two year warrant to purchase one-half of a share of common stock, both warrants having an exercise price equal to the August 5th closing price of $2.57 per share. Investors whose purchase of units would result in owning more than 9.9% of our outstanding common stock will have the opportunity to substitute pre-funded warrants with a five year term for any common stock they would have otherwise acquired over the 9.9% level, paying the same price as the regular units, minus the $0.01 exercise price of each pre-funded warrant. A total of 6,670,372 shares of common stock or pre-funded warrants will be issued in the offering, together with 6,670,372 five year warrants and 3,335,186 two year warrants. The offering is expected to close on or about August 9, 2013, subject to satisfaction of customary closing conditions. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. is acting as the sole bookrunner for the transaction.  Full Article

Superconductor Technologies Inc Completes $7 million Private Placement
Tuesday, 18 Jun 2013 07:05am EDT 

Superconductor Technologies Inc announced Resonant Inc., an STI spin-out, raised $7 million in a private placement exclusive of STI. Resonant was spun-out in July 2012 to leverage Reconfigurable Resonance (RcR) technology developed by STI for advanced wireless applications. This funding enables Resonant to continue to commercialize RcR technology for the rapidly growing mobile communications industry. After this June 2013 investment, Resonant's management and new investors own the majority of equity and equity equivalents, and STI holds a convertible note that represents a minority of Resonant's fully diluted equity.  Full Article

Superconductor Technologies Inc To Raise $2.18 Million In Registered Direct Offering
Wednesday, 24 Apr 2013 01:00pm EDT 

Superconductor Technologies Inc announced that it has entered into a definitive agreement with institutional investors for a registered direct placement of approximately $2.18 million of common stock at a price of $4.25 per share. In addition, the Company will issue to the investors warrants to purchase up to an aggregate of 513,827 shares of common stock. The warrants have an exercise price of $5.45 per share, and are exercisable 12 months and one day after issuance. One half of the warrants terminate two years after the date of issuance and the other one half terminate six years after the date of issuance.  Full Article

Search Stocks