Edition:
United States

Gevo Inc (GEVO.OQ)

GEVO.OQ on NASDAQ Stock Exchange Capital Market

0.62USD
3:59pm EST
Change (% chg)

$0.00 (+0.35%)
Prev Close
$0.62
Open
$0.62
Day's High
$0.65
Day's Low
$0.62
Volume
110,235
Avg. Vol
161,855
52-wk High
$6.98
52-wk Low
$0.55

Latest Key Developments (Source: Significant Developments)

Gevo Q3 loss per share $0.25
Monday, 6 Nov 2017 04:00pm EST 

Nov 6 (Reuters) - Gevo Inc :Gevo reports 3rd quarter 2017 financial results.Q3 adjusted non-GAAP loss per share $0.36.Q3 loss per share $0.25.Q3 revenue $7.7 million versus $6.9 million.Gevo Inc - ‍management and board of directors are reviewing company's strategic and financial options​.Gevo Inc - plans to achieve a projected cash EBITDA loss of $18.0 - $20.0 million for fiscal year ending December 31, 2017​.Gevo Inc - ‍currently in discussions with several interested strategic parties regarding transactions or investments that would provide capital​.Gevo Inc -‍co is reviewing other initiatives to improve cash flow profile of luverne facility and its headquarter operations located in Englewood​.Gevo Inc - ‍decided to reduce employee base at luverne facility in Oct 2017 to better match industry norms in terms of staffing levels.  Full Article

Gevo to partner with three laboratories on a project​
Monday, 9 Oct 2017 09:00am EDT 

Oct 9 (Reuters) - Gevo Inc :Gevo - ‍will be partnering with National Renewable Energy Laboratory, Argonne National Laboratory, Oak Ridge National Laboratory on a project​.Gevo Inc - ‍project to fine-tune composition of catalyst used in Gevo's proprietary ETO process​.  Full Article

Gevo Q2 loss per share $0.66
Thursday, 3 Aug 2017 04:00pm EDT 

Aug 3 (Reuters) - Gevo Inc :Gevo reports 2nd quarter 2017 financial results.Q2 adjusted non-gaap loss per share $0.44.Q2 loss per share $0.66.Q2 revenue $7.5 million versus $8.1 million.Gevo Inc says ‍plans to achieve corporate-wide EBITDA burn rate of $18.0 - $20.0 million for fiscal year ending December 31, 2017​.Gevo Inc says ‍estimates maximum annual isobutanol production capacity at luverne facility to be currently over 1 million gallons per year​.Gevo Inc says ‍expects to produce isobutanol at levels that better match market development sales in 2017​.Gevo Inc says ‍now expects that it will produce less than 500,000 gallons of isobutanol during 2017​.  Full Article

Praj Industries says Praj-Gevo joint development deal to enter commercialization phase
Wednesday, 26 Jul 2017 12:31am EDT 

July 26 (Reuters) - Praj Industries Ltd :Says Praj-Gevo joint development agreement to enter commercialization phase.Says Gevo’s proprietary isobutanol technology will now be available for licensing to processors of sugar cane juice, molasses.  Full Article

Gevo enters into a private exchange agreement
Monday, 12 Jun 2017 09:04am EDT 

June 12 (Reuters) - Gevo Inc :Says on June 9, co entered into a private exchange agreement with a holder of its 7.5 pct convertible senior notes due 2022.Says agreement to exchange $485,000 of principal amount of 2022 notes for 736,671 shares of its common stock.Says upon completion, exchange will reduce outstanding principal amount of 2022 notes to about $690,000.  Full Article

Gevo's isobutanol cleared for use in on-road vehicles in Arizona
Tuesday, 23 May 2017 09:00am EDT 

May 23 (Reuters) - Gevo Inc :Gevo's isobutanol cleared for use in on-road vehicles in Arizona.  Full Article

Gevo signs definitive supply agreement with HCS Holding
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Gevo Inc : :Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane.Gevo Inc- entered into a supply agreement with HCS Holding gmbh to supply renewable isooctane under a five-year offtake agreement.Gevo Inc- in first phase commencing in May 2017, HCS to purchase isooctane produced at co's demonstration hydrocarbon plant located in silsbee, texas.Gevo Inc - Haltermann Carless, a subsidiary of HCS is expected to be direct customer with Gevo under supply agreement.Gevo Inc- first phase of HCS deal would continue until completion of Gevo'S first large-scale commercial hydrocarbon plant.  Full Article

Gevo says enters into exchange agreement with Whitebox
Thursday, 20 Apr 2017 09:00am EDT 

April 20 (Reuters) - Gevo Inc :Gevo enters into exchange agreement with whitebox.Gevo - wb gevo, ltd. Holder of co's issued and outstanding senior secured convertible notes, due june 23, 2017,co entered exchange and purchase agreement.Gevo - whitebox agreed to exchange all $16.5 million of existing 2017 notes for co's newly created 12.0% senior secured convertible notes due 2020.Gevo inc - 2020 notes will mature on march 15, 2020.Gevo inc - 2020 notes will accrue interest at 12% per annum, with 10% payable in cash and 2% payable as payment in kind ("pik") interest.  Full Article

Gevo reports Q4 adj. loss per share $1.14
Wednesday, 29 Mar 2017 04:00pm EDT 

Gevo Inc : Gevo reports fourth quarter 2016 financial results . Q4 adjusted non-GAAP loss per share $1.14 . Q4 loss per share $0.33 . Q4 revenue $5.8 million versus $7.3 million . Gevo - produced approximately 190,000 gallons of isobutanol during quarter at Gevo's isobutanol production facility located in Luverne, Minnesota . Gevo Inc - Gevo expects to achieve a cash EBITDA loss of between $18.0-$20.0 million for fiscal year ending December 31, 2017 . Gevo Inc - expects to produce approximately 500,000 gallons of isobutanol during 2017 .Gevo Inc says estimates that its maximum annual isobutanol production capacity at agri-energy facility to be currently over 1 million gallons per year.  Full Article

Gevo announces pricing of $11.9 mln public offering of stock and warrants
Tuesday, 14 Feb 2017 09:15am EST 

Gevo Inc : Gevo announces pricing of $11.9 million public offering of common stock and warrants . Has agreed to sell 5.7 million Series G units at price of $1.90 per series g unit . Gevo inc- series k warrants will have an exercise price of $2.35 per share . Gevo inc- series l warrants will have an exercise price of $1.90 per share . Has also agreed to sell 570,000 Series H units at rpice of $1.89 per series h unit .Gevo inc- Series M warrants will have an exercise price of $2.35 per share and will expire on November 17, 2017.  Full Article

BRIEF-Gevo Q3 loss per share $0.25

* Gevo Inc - ‍management and board of directors are reviewing company's strategic and financial options​