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Stock impact report

ASPEN AEROGELS, INC. ANNOUNCES PUBLIC OFFERING OF 4,250,000 SHARES OF COMMON STOCK

Aspen Aerogels, Inc. (ASPN) 
Last aspen aerogels, inc. earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
NORTHBOROUGH, Mass., Oct. 21, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has commenced an underwritten public offering of 4,250,000 shares of its common stock. In addition, the Company expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 637,500 shares of common stock offered by the Company in the public offering at the public offering price, less underwriting discounts and commissions.Aspen intends to use the net proceeds from the offering for working capital, capital expenditures and general corporate purposes.Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the offering.The public offering is being made pursuant to a shelf registration statement on Form S-3, which was filed with the Securities and Exchange Commission (the "SEC") on October 21, 2024 and became effectiv Show less Read more
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