FuelCell Energy launches at-the-market offering of up to $204.9M in common stock

Filed March 10, 2025 · ~1 min read

Key Changes

• high

  FuelCell Energy may sell up to $204.9 million of common stock in an at-the-market offering, with $6.3 million already sold as of the prospectus date.

  The Offering verify on EDGAR →
• high

  The company had 21.1 million shares outstanding before the offering, so the offering could significantly dilute existing shareholders.

  The Offering verify on EDGAR →
• medium

  Proceeds are intended for product development, manufacturing expansion, project financing, and general corporate purposes, with no specific allocations.

  Use of Proceeds verify on EDGAR →