Ideal Power stock price plummets after announcing $14 million equity financing at a set price /n

LootboxPhobia · 2026-02-25T01:05:29+00:00

Ideal Power Inc. stock plummeted 16.9% on Tuesday after announcing a public offering and private placement, raising approximately $14 million. The company plans to use the net proceeds to advance the commercialization and operational funding of B-TRAN technology. The financing is expected to be completed by 2026.

LootboxPhobia

2026-02-25 01:05:29

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Investing.com – Ideal Power Inc. (NASDAQ:IPWR) stock fell 16.9% on Tuesday after the company announced a public underwritten offering and concurrent private placement, aiming to raise approximately $14 million in gross proceeds.

The semiconductor company headquartered in Austin, Texas, set the offering price for 4,458,736 common shares or pre-funded warrants, with gross proceeds of about $12.3 million. At the same time, Ideal Power priced a private placement of up to 631,332 pre-funded warrants, with gross proceeds of approximately $1.7 million. The financing is expected to settle by February 25, 2026, subject to customary closing conditions.

The offering was led by the company’s largest existing institutional shareholder, with Ideal Power insiders (including its CEO) also participating. Titan Partners, a subsidiary of American Capital Partners, served as the exclusive bookrunner for the offering.

Ideal Power stated that the net proceeds will be used to advance the commercialization of its bidirectional semiconductor power switch technology, B-TRAN, including customer design integration, custom development projects, and initial ramp-up of mass production with strategic partners, as well as for general corporate purposes and working capital.

Gross proceeds do not account for underwriter discounts, commissions, or other issuance expenses payable by the company.

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