Aspen aerogels, inc. announces $75 million registered direct offering

Northborough, mass. , dec. 20, 2023 /prnewswire/ -- aspen aerogels, inc. (nyse: aspn) ("aspen" or the "company"), a technology leader in sustainability and electrification solutions, today announced that it has entered into a securities purchase agreement with hood river capital management and certain other institutional investors for the purchase and sale in a registered direct offering of 6,060,607 shares of common stock at an offering price of $12.375 per share.
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