US: A123 Systems stock offer to raise US$23.5m

The nanophosphate lithium-ion battery and systems developer A123 Systems has entered into an agreement with Lazard Capital Markets to sell an aggregate of 12,500,000 units comprising one share of common stock and one warrant to buy one share, at a negotiated price of US$2.034 per unit, in a registered direct Subscribe to Automotive World to … Continued

• By Webmaster
• January 30, 2012