Maxwell files $125 million shelf registration

By E. Janene Geiss

Philadelphia, Nov. 24 - Maxwell Technologies, Inc. filed a $125 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, warrants and debt securities. The securities may be structured as convertibles.

The proceeds will be used for working capital and other general corporate purposes, including capital expenditures including facilities expansion; for acquisitions of businesses, products and technologies that complement or expand our business; and to repay existing debt.

Maxwell is a San Diego-based power backup and energy supply technology company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.