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Bullboard - Stock Discussion Forum 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... see more

TSX:WPRT - Post Discussion

Westport Fuel Systems Inc > $100MM US Offering, and No Price?
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Post by Bookworm28 on Jun 02, 2021 2:15pm

$100MM US Offering, and No Price?

....I like the company too, but this isn't an ATM. Why would they release this info without setting a price? I'm a bit confused. Nothing on Sedar, or their website, aside from the NR. Frick, no surprise we're down today. How low are we going to go? Not impressed. Thoughts?
Comment by PuerSimia on Jun 02, 2021 3:35pm
BW28, the backers obviously want to do the financing at a lower share price to reduce their risk, in my opinion.