Aeva launches $100 million follow-on stock offering

Aeva Technologies, Inc.

Aeva Technologies, Inc.

AEVA

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  • Aeva launched a proposed follow-on public offering of USD 100 million of common stock.
  • Underwriters may buy up to an additional USD 15 million of shares within 30 days.
  • Proceeds earmarked for general corporate purposes, including AI infrastructure and co-packaged optics, amid rising commercial interest.
  • Morgan Stanley, Goldman Sachs, Oppenheimer named as book-running managers.


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