Superconductor Technologies to Raise $4.6 Million in Registered Direct Offering

by Matthew Kennedy, Benzinga Staff Writer

February 17, 2012 9:20 AM | 12 seconds read | Make a Comment

Superconductor Technologies Inc.

SCON

today announced that it has entered into agreements with certain institutional investors for a registered direct placement of approximately $4.6 million of common stock at a price of $1.05 per share.

Market News and Data brought to you by Benzinga APIs

Posted In: News Offerings

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Superconductor Technologies to Raise $4.6 Million in Registered Direct Offering