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UQM TECHNOLOGIES: Million Registered Direct Offering LONGMONT, COLORADO, October

The following excerpt is from the company's SEC filing.

, 2015 -

UQM Technologies Inc.

(NYSE MKT: UQM)

today announced that it has entered into definitive agreements with institutional investors to purchase

in a registered direct offering

an aggregate of

million

for a total purchase price of approximately $

million ($

per unit)

. Each unit consists of one share of

common stock and

of a warrant. Each warrant gives the warrant holder the right to purchase one share of

common stock at a price of $

for a period

beginning six months from the date of issuanc e through the fifth anniversary of

the date of issuance. The closing of the offering is expected to take place on or about

October 30

, subject to the satisfaction of customary closing conditions.

Oppenheimer & Co. Inc. acted as the

Lead Placement Agent

Rodman & Renshaw, a unit of

H.C. Wainwright

& Co.,

for the offering.

The securities described above are being offered pursuant to a shelf registration statement (File No. 333-193305) which was declared effective by the Securities and Exchange...


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