Gevo down 32% on pricing $18M upsized equity offering

Gevo (NASDAQ:GEVO) has priced a public offering of 30M common shares together with accompanying warrants to purchase up to 30M shares at $0.60/share and accompanying warrant.

The gross proceeds are expected to be $18M  an the offering is expected to close on July 6, 2020.

Net proceeds will be used for general corporate purposes.

GEVO -31.65% PM.


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