SANTA BARBARA, Calif., Aug. 26, 2010 (GLOBE NEWSWIRE) -- Superconductor Technologies Inc. (Nasdaq:SCON) ("STI"), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, announced the pricing on August 25, 2010 of an underwritten public offering of 4,000,000 shares of its common stock at a price of $1.50 per share, for gross proceeds of $6.0 million. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $5.3 million.
Superconductor Technologies Inc. Announces Pricing Of Common Stock Offering
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