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Quotes & Info
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| HQS > SEC Filings for HQS > Form 8-K on 30-Jun-2009 | All Recent SEC Filings |
30-Jun-2009
Other Events, Financial Statements and Exhibits
On June 11, 2009, HQ Sustainable Maritime Industries, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Roth Capital Partners, LLC (the "Underwriter") for the sale of 1,225,000 shares of the Company's common stock, par value $0.001 per share, for a public offering price of $8.50 per share, less discounts and commissions of $0.6375 per share (the "Offering"). Under the terms of the Underwriting Agreement, the Company has granted the Underwriter an option to purchase up to an additional 183,750 shares of common stock on the same terms within 30 days from the date of the Underwriting Agreement to cover over-allotments, if any. The Offering was consummated on June 17, 2009.
On June 30, 2009, the Underwriter for the Offering exercised the option to purchase an additional 183,750 shares of common stock to cover over-allotments.
On June 30, 2009, the Company issued its press release announcing that the Underwriter exercised the option to purchase an additional 183,750 shares of common stock (the "Press Release"). A copy of the Press Release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated June 30, 2009 of HQ Sustainable Maritime Industries, Inc.
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