American Superconductor Announces Unregistered Sale of Shares in Connection with Comtrafo Acquisition
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American Superconductor Corporation announced an unregistered sale of shares linked to its acquisition of Comtrafo Indústria de Transformadores Elétricos S.A. The transaction, conducted through AMSC Brazil, involves issuing shares to Comtrafo's stockholders, exempt from U.S. securities registration. AMSC plans to file a registration statement for resale within 20 business days post-closing, with cash alternatives if not effective within 90 days.
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