HIGHLANDS RANCH, Colo., Nov. 18, 2013 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (Nasdaq:ADES) (the "Company") today announced that the underwriters of its previously announced public offering of common stock have exercised in full their option to purchase an additional 90,000 shares of the Company's common stock for additional net proceeds of approximately $4 million. As a result, the Company will issue a total of 690,000 shares of common stock in connection with this public offering, generating total net proceeds of approximately $29 million. As announced by the Company on Friday, November 15, 2013, the offering, which will now include the additional 90,000 shares pursuant to the exercise of the over-allotment option, is expected to close on or about November 20, 2013, subject to the satisfaction of customary closing conditions.
Advanced Emissions Solutions Announces Exercise Of Over-Allotment Option
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