VANCOUVER, British Columbia, July 28, 2017 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT) (Nasdaq:WPRT) announced today the exercise of the underwriters’ option from its previously announced offering (the “Offering”) to purchase an additional 2,425,000 common shares at the Offering price of US$1.50 per share. With the exercise of the option, Westport issued a total of 19,125,000 common shares under the offering for gross proceeds of US$28,687,500. Following the Offering, Westport Fuel Systems has approximately 130,330,022 shares outstanding. No common shares were sold or offered in Canada or to any resident of Canada pursuant to the Offering. […]
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