HIGHLANDS RANCH, Colo., Nov. 14, 2013 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (Nasdaq:ADES) (the "Company") today announced its intention to offer, subject to market and other conditions, shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriters a 30-day option to purchase additional shares of common stock to cover over-allotments, if any. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the proceeds from this offering for general working capital and corporate purposes, to partially execute against its increasing Emissions Control backlog (which was $56.6 million on 9/30/13), and to allow it to take advantage of growth opportunities. The offering is expected to price before 9:30 am EDT on November 15, 2013.
Advanced Emissions Solutions Commences Public Offering Of Common Stock
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