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AMSC > SEC Filings for AMSC > Form 8-K on 21-Aug-2014All Recent SEC Filings

Show all filings for AMERICAN SUPERCONDUCTOR CORP /DE/

Form 8-K for AMERICAN SUPERCONDUCTOR CORP /DE/


21-Aug-2014

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.

On August 15, 2014, American Superconductor Corporation (the "Company") entered into a Supply Contract with Inox Wind Limited ("Inox"). The aggregate contract value of the Supply Contract is approximately $15 million. During the term of the Supply Contract, Inox has agreed to purchase electric control systems from the Company. We expect that the majority of shipments under the Supply Contract will occur during the Company's fiscal year ending March 31, 2016.

Forward-Looking Statements

Statements in this report that are not strictly historical in nature constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the Company's expectations as to when shipments will be made under the Supply Contract. Such forward-looking statements represent management's current expectations and are inherently uncertain. Actual results may differ materially from what management currently expects because of many risks and uncertainties, including the risk that the Company will not be able to manufacture products in accordance with current expectations. This and the important factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2014, among others, could cause actual results to differ materially from those indicated by forward-looking statements made herein and presented elsewhere by management from time to time. In addition, any forward-looking statements included in this report represent the Company's expectations as of the date of this report. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this report.


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