Westport Submits Preliminary Short-Term Securities Shelf Registration for Expired Prospectus Replacement
Westport Fuel Systems Files Preliminary Shelf Prospectus for Capital Raising
Westport Fuel Systems Inc., a technology and innovation company based in Vancouver, Canada, has filed a preliminary short form base shelf prospectus with Canadian securities commissions on August 15, 2025. This move aims to replace its expired prospectus, which was due to expire on June 18, 2025.
The new shelf prospectus, once finalized and approved, will allow the company to offer up to USD 100 million of various securities over a 25-month period. These securities may include common shares, preferred shares, subscription receipts, warrants, debt securities, or units, or any combination thereof.
This filing provides Westport with the flexibility to access capital markets or issue securities, potentially for strategic acquisitions, depending on its financial needs and market conditions. The company has also filed a corresponding shelf registration statement with the United States Securities and Exchange Commission (SEC) on Form F-3.
Investors are cautioned to consider the risks and uncertainties carefully and not to put undue reliance on forward-looking statements, which are identified by terms such as "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", "project". The reader is advised to review the risk factors detailed in the preliminary short form base shelf prospectus and the annual information form dated March 31, 2025, both of which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
For investor inquiries, please contact Investor Relations at T: +1 604-718-2046 or E: [email protected]. The specific terms of any future offering or issuance under the Shelf Prospectus will be established at the time of such offering. Westport Fuel Systems Inc. undertakes no obligation to update or revise the information contained in this press release, except as may be required by applicable law.
Westport Fuel Systems Inc. is a technology and innovation company that designs, manufactures, and supplies advanced components and systems for clean fuel transportation technologies. The company's headquarters are in Vancouver, Canada.
- Westport Fuel Systems Inc., a technology and innovation company headquartered in Vancouver, Canada, has filed a preliminary short form base shelf prospectus with Canadian securities commissions in Toronto, aiming to raise capital for potential business expansions.
- The new shelf prospectus, if approved, will enable Westport Fuel Systems to issue various securities, such as common shares or debt securities, over a 25-month period in both Canada and the United States.
- The company's move comes amidst news of strategic acquisitions, with the funds raised to be used based on Westport Fuel Systems' financial needs and market conditions.
- Financially minded individuals are encouraged to carefully consider the risks involved and to review the detailed risk factors in Westport Fuel Systems' preliminary short form base shelf prospectus, available on SEDAR+ and EDGAR.
