Westport Fuel Systems Inc. entered into a securities purchase agreement on June 22, 2026, to issue 1,600,000 common shares, 3,254,369 pre-funded warrants, and 4,854,369 private placement warrants to a single institutional investor. The combined offering price for each share and private warrant is $2.06, while the pre-funded warrant price is $2.05999. Net proceeds are expected to be approximately $8.9 million for working capital and general corporate purposes. Westport Fuel Systems Inc. operates in the fuel systems industry, providing alternative fuel solutions for engines and vehicles.
