News Tagged with "Corporate"
May 31, 2018
Westport Fuel Systems Inc. today announced the appointment of Mike Willis as Chief Financial Officer ("CFO") effective June 11, 2018. Ashoka Achuthan, Westport Fuel Systems current CFO, will step down from his position but continue to serve as an advisor to the leadership team through a transition period.
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May 9, 2018
Westport Fuel Systems Inc. held its Annual and Special Meeting of Shareholders on Monday, May 7, 2018 in Toronto, Ontario.
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March 19, 2018
Westport Fuel Systems Inc. today announced Michele Buchignani has been appointed to the company’s Board of Directors, effective March 16, 2018. The appointment of Ms. Buchignani, who was previously a member of Westport Fuel Systems Advisory Board, increases the number of directors from 9 to 10.
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December 21, 2017
Bolsters Liquidity and Supports Westport™ HPDI 2.0 Launch Activities
Westport Fuel Systems Inc.and Export Development Canada announced today that they have signed a US$20 million secured term loan agreement to support the commercial launch of the Westport High Pressure Direct Injection 2.0 program.
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November 14, 2017
Order Fulfillment of Westport™ HPDI 2.0 + Strengthened Balance Sheet
Westport Fuel Systems Inc.reported financial results for the third quarter ended September 30, 2017, and provided an update on operations.
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November 8, 2017
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Tuesday, November 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
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August 29, 2017
Early Termination of Debenture Tender Offer and Cancellation of Meeting of Debentureholders
Westport Fuel Systems Inc. announced today that it has terminated the previously announced tender offer for Westport Fuel Systems 9% unsecured subordinated non-convertible debentures effective immediately. Prior to cancellation of the tender offer, an aggregate of Cdn.$4,838,000 principal amount of Debentures were tendered to the offer and will be acquired by Westport Fuel Systems. Westport Fuel Systems expects to repay the remainder of the Debentures on their original maturity date of September 15, 2017.
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August 14, 2017
Enhanced Liquidity and Continued Execution on Stated Goals
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call on Monday, August 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
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August 7, 2017
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call on Monday, August 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
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July 28, 2017
Westport Fuel Systems Inc. announced today the exercise of the underwriters' option from its previously announced offering to purchase an additional 2,425,000 common shares at the Offering price of US$1.50 per share. With the exercise of the option, Westport issued a total of 19,125,000 common shares under the offering for gross proceeds of US$28,687,500.
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