Westport Announces US$10 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules

Westport Fuel Systems announced a US$10 million registered direct offering of 4,854,369 common shares at US$2.06 per share, along with concurrent private placement warrants exercisable at the same price for two years. The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on June 23, 2026.