Maxwell Technologies, Inc. (Nasdaq: MXWL) has filed a universal shelf registration with the Securities and Exchange Commission (SEC) to sell up to $125 million of equity or debt securities in one or more offerings in the future. The shelf registration statement is intended to give Maxwell the flexibility to sell its securities if and when market conditions and circumstances warrant, to provide funding for growth or other strategic initiatives and for general corporate purposes.
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Its BOOSTCAP® ultracapacitor cells and multi-cell modules and POWERCACHE® backup power systems provide and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications.
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