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Energy Transition North America 2021

Ideal Power Inc. Prices Underwritten Public Offering of Common Stock

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AUSTIN, TX–(Marketwired – May 15, 2015) – Ideal Power Inc. (NASDAQ: IPWR), a developer of innovative power conversion technologies, today announced the pricing of a $15 million underwritten public offering of 1,935,500 shares of its common stock at a public offering price of $7.75 per share. Ideal Power has also granted the underwriter a 30-day option to purchase up to an additional 290,325 shares of common stock to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by it, Ideal Power expects to receive net proceeds of approximately $13.8 …read more

Read more here:: http://www.marketwired.com/mw/release.do?id=2020320&sourceType=3

      

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