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lithium investing

A123 Systems Eyes Stock

Written by Investing News Network
|
Mar. 29, 2011 01:28PM PST

Forbes reports that A123 Systems Inc. (NASDAQ:AONE) intends public offerings of 18 million shares and $125 million in convertible notes due 2016.

Forbes reports that A123 Systems Inc. (NASDAQ:AONE) intends public offerings of 18 million shares and $125 million in convertible notes due 2016.

The market news is quoted as saying:

A123 said Monday it will determine the notes’ interest rate and conversion rate when it prices them.

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