Hoku Scientific: Light Volume and Hefty Dilution Traditionally Don’t Mix
Word on the Street (Free subscription) | 06/17/2008
Hoku Scientific Inc. (HOKU) recently announced an equity distribution agreement with UBS Securities to sell up to $54 million worth of common stock by means of ordinary brokers’ transactions on the NASDAQ Global Market at market prices. The deal also calls for an additional $56 million in calendar year 2009 to complete the construction and [...]
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