3 days ago
Westport files preliminary short form base shelf prospectus
Westport (WPRT) Fuel Systems announces it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, to replace its prior base shelf prospectus that expired on June 18, 2025. The Shelf Prospectus, when made final, will allow Westport to offer up to $100M of common shares, preferred shares, subscription receipts, warrants, debt securities, or units, or any combination thereof during the 25-month period that the Shelf Prospectus will be effective. The Shelf Prospectus will enable Westport to access new capital or issue securities in connection with strategic acquisitions if and when needed. The amount and timing of any future offerings or issuances will be based on the company's financial requirements and market conditions at that time. Westport has also filed a corresponding shelf registration statement relating to the Securities with the United States SEC on Form F-3.
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