July 14, 2017 / 3:21 PM / 5 months ago

BUZZ-Westport Fuel Systems Inc: Dips after pricing stock offering

** Canadian auto parts maker’s U.S.-listed shares down 20.1 percent at $1.55 and on track for worst day since Jan 2016

** Company prices offering of 16.7 mln shares at $1.50/shr, a discount of 22.7 pct to Thursday’s close

** Expects gross proceeds of $25.1 mln from offering

** WPRT had 110.1 mln shares outstanding

** Up to Thursday’s close, stock had risen 71.7 pct this year

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