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Westport Fuel Systems Inc T.WPRT

Alternate Symbol(s):  WPRT

Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.


TSX:WPRT - Post by User

Bullboard Posts
Comment by bugoffon Aug 13, 2010 2:04pm
318 Views
Post# 17349142

RE: RE: CLNE CC excerpts

RE: RE: CLNE CC excerpts
Jing, this is in response to nhydro's post on the yahoo BB. I hate to use you as a "go-between", but I have a feeling that this is a topic we could all use some enlightenment on.


This might be a little long but here is what Westport did:


This from the Sedar web site:

Preliminary Short Form Prospectus
New IssueJuly 20, 2009

Cdn. $200,000,000
Common Shares
Preferred Shares
Subscription Receipts
Warrants
Debt SecuritiUnits


The actual offering in Dec.:


, /CNW/ - Westport Innovations Inc. (TSX:WPT, NASDAQ:WPRT) announced today that it is offering to sell, subject to market and other conditions, its common shares in the and pursuant to a preliminary prospectus supplement to its base shelf prospectus dated . Copies of the U.S. preliminary prospectus supplement can be accessed through the SEC's website at www.sec.gov, and copies of the Canadian preliminary prospectus supplement are available at www.sedar.com.
The close of the offering:

VANCOUVER, Dec. 9 - Westport Innovations Inc. (TSX:WPT, NASDAQ:WPRT) announced today the pricing of its offering of common shares in the United States and Canada. Westport will offer 4,750,000 common shares at a price of US$10.50 per share, for gross proceeds of US$49.9 million. Westport has granted the underwriters of the offering an option to purchase an additional 712,500 common shares at the offering price during the period ending 30 days from the date of Westport's final prospectus supplement filed in connection with the offering to cover over-allotments, if any. If the over-allotment option is exercised in full, gross proceeds of the offering will be approximately US$57.4 million.



One thing comes to mind here. Maybe Westport simply did a financing, and the shelf financing is still there as nhydro's information suggests; in which case, they (WPT) still has another year before it expires...










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