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Hybrid Power Solutions Launches Private Placement to Fuel Growth

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Hybrid Power Solutions Launches Private Placement to Fuel Growth

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Hybrid Power Solutions, Inc. ( (TSE:HPSS) ) has provided an announcement.

Hybrid Power Solutions Inc. has announced a non-brokered private placement offering, aiming to raise between CDN$1,000,000 and CDN$2,000,000 through the sale of units consisting of common shares and purchase warrants. The proceeds will be used for company operations, research and development, sales growth, marketing, and general corporate purposes. The offering is subject to regulatory approvals and will be available to purchasers in Canada, the United States, and offshore jurisdictions, with certain exemptions applied.

More about Hybrid Power Solutions, Inc.

Hybrid Power Solutions Inc. is a Canadian clean energy company.

Average Trading Volume: 309,367

Technical Sentiment Signal: Buy

For a thorough assessment of HPSS stock, go to TipRanks’ Stock Analysis page.

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