Akeena Solar, Inc. (NASDAQ: AKNS) is trading lower today after the company filed to sell up to $30 million in a mixed securities shelf offering. No terms were listed, but the company listed that it would be able to sell any combination of common stock, preferred stock, debt securities, warrants, and units.
The company listed the use of proceeds as being for general corporatepurposes. This may include the repayment or refinancing ofindebtedness or the acquisition of complementary products orbusinesses.
No underwriters were listed. Akeena shares are down over 8% at $2.06today, and the stock’s 52-week trading range is $1.50 to $14.15 and itsmarket cap is currently $60 million.
Jon C. Ogg
January 7, 2009
No Commission Fees, No Minimums, No Velvet Ropes. (Sponsored)
Robinhood revolutionized commission free investing, and it continues to do so today. With a few simple taps you can trade stocks like Nvidia and Amazon, market beating mutual funds, and trade options with Robinhood Financial. FDIC insurance coverage is just another benefit.
And, you can buy and sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) with Robinhood Crypto.
Sign up today — click here to start your journey.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.