ADGE Prices Public Offering of Common Stock and Warrants

摘要

2014 AUG 15 (VerticalNews) -- By a News Reporter-Staff News Editor at Energy Business Journal -- American DG Energy Inc. (NYSE MKT: ADGE), a leading On-Site Utility offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and athletic facilities, announced the pricing of an underwritten public offering of 2,650,000 shares of common stock at a per share price of $1.51 and warrants to purchase up to the same number of shares of common stock at a per warrant price of $.0001. The warrants have an exercise price of $1.8875 per share, are exercisable immediately, and expire three years from the date of issuance.