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Article: SmartHeat Inc. Prices Underwritten Public Offering of 7,246,087 Shares of Common Stock.
- Article from:
- PR Newswire
- Article date:
- September 18, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Sept. 18 /PRNewswire-Asia/ SmartHeat Inc. ("SmartHeat") (website: http://www.smartheatinc.com/), a market leader in China's clean technology, energy savings industry announced today the pricing of a public offering of 7,246,087 shares of its common stock at a public offering price of $9.00 per share. The size of the common stock offering has been increased from the previously disclosed 5,000,000 shares. SmartHeat has granted the underwriters an over-allotment option to purchase 1,086,913 additional shares of common stock. All shares are being offered by SmartHeat. The offering is subject to customary closing conditions and is expected to close on September 22, ...