Aeva Technologies, Inc. Announces Pricing of Follow-On Offering
Aeva Technologies priced a follow-on public offering of 4,494,382 shares at $22.25 per share, with an additional 30-day option for underwriters to purchase up to 674,157 shares. The company intends to use net proceeds for general corporate purposes, specifically citing accelerating commercial interest in AI infrastructure and Co-Packaged Optics (CPO).
Key figures
- Offering Price
- 22.25
- Shares Offered
- 4494382
- Overallotment shares
- 674157
AI analysis
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