Capstone Plans to Sell $150 Million in Securities

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Capstone Turbine Corp. said Wednesday it filed with the U.S. Securities and Exchange Commission to sell up to $150 million of its securities from time to time.

Chatsworth-based Capstone, which makes low-emission micro-turbine systems, said it will use the stock offering for “future financial flexibility.”

The mixed shelf registration statement includes common stock, common stock warrants, preferred stock, debt securities, rights to purchase or a combination of securities.

Capstone shares closed up 5 cents, or 5 percent, to $1.11 on the Nasdaq.

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