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Actionable news in SCON: Superconductor Technologies Inc.,

Superconductor Technologies Inc. just filed a prospectus, suggesting it plans to soon issue some securities

Superconductor Technologies Inc. just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We expect to receive net proceeds from the initial sale of the Units that we are offering to be approximately $8.6 million, after deduction of placement agent fees and estimated expenses payable by us, as described in the section titled Plan of Distribution on page 29.

We currently intend to use the net proceeds from the...


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