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Stock Market & Financial Investment News

News Breaks
April 14, 2014
09:02 EDTHPJHighpower International to sell 1M shares at $5.05 in registered direct offering
Highpower International announced that it has entered into definitive purchase agreements with several institutional investors for the sale of its common stock in a registered direct offering. The company is selling 1,000,000 shares of common stock at a price of $5.05 per share, including warrants to purchase an additional 500,000 shares of common stock with an exercise price of $6.33 per share, for total estimated gross proceeds of approximately $5.05M. The offering is expected to close on or about April 17.
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July 16, 2014
08:37 EDTHPJHighpower International receives Chinese municipal funds for energy storage
Highpower International has received funding of approximately $622,580 from Shenzhen Strategic Emerging Industry Development Specialty Funds, set up by the Development and Reform Commission of Shenzhen Municipality, to further develop the company's production line for its in-house developed solar celled and off-grid home-use energy storage systems products. The funds will be used to purchase development and production equipment making such residential systems.

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