Westport Fuel Systems Secures $25 Million Equity Facility

Westport Fuel Systems Inc. entered into a Committed Equity Facility with Roth Principal Investments, LLC on September 15, 2026. The agreement enables the company to issue and sell up to $25 million of its common shares through private placements at its own discretion.

Westport intends to use the net proceeds from the facility for working capital and general corporate purposes. To facilitate the resale of these shares, the company plans to file a registration statement with the Securities and Exchange Commission, as the shares cannot be resold until that statement becomes effective.

The agreement is subject to Nasdaq rules, which prohibit the company from issuing shares exceeding 19.99% of its outstanding common shares without obtaining prior shareholder approval.