FuelCell Energy prices 10.7M-share offering at $7.58/share, raising $81.2M gross ($213.8M net with over-allotment)

Filed July 8, 2026 · ~2 min read

Key Changes

• high

  FuelCell Energy priced a 10.7M primary share offering at $7.58/share, raising $81.2M gross (base offering, before underwriting discount). Net proceeds to the company are $213.8M on a with-over-allotment basis (the underwriters have a 30-day option for 1.6M additional shares).

  The Offering verify on EDGAR →
• high

  The offering price represents a 29.4% discount to the July 6, 2026 closing price of $29.73/share. Post-offering, the company's implied market capitalization is $593.7M (78.3M shares outstanding at $7.58/share).

  The Offering verify on EDGAR →
• medium

  Net proceeds will fund general corporate purposes including acquisitions, R&D, product commercialization, working capital, capex, and debt repayment. Management has broad discretion over allocation; no specific amounts are designated.

  Use of Proceeds verify on EDGAR →