Westport Fuel Systems files preliminary short form base shelf prospectus

Westport Fuel Systems has filed a preliminary short form base shelf prospectus with Canadian securities commissions to replace its expired base shelf prospectus. The filing allows the company to offer a wide range of securities in the future, subject to market conditions. The move is part of Westport's ongoing efforts to maintain a stable financial position and explore future growth opportunities.

Westport Fuel Systems Inc. (TSX: WPRT / NASDAQ: WPRT) has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada. This move replaces the company's expired base shelf prospectus, which expired on June 18, 2025 [1][2][3].

The new shelf prospectus, once made final and received by the relevant Canadian securities regulatory authorities, will enable Westport to offer up to USD$100,000,000 worth of common shares, preferred shares, subscription receipts, warrants, debt securities, or units, or any combination thereof, over the next 25 months. This flexibility allows the company to access new capital or issue securities in connection with strategic acquisitions as needed, based on its financial requirements and market conditions [1][2][3].

Westport Fuel Systems is a technology and innovation company specializing in affordable, alternative fuel, low-emissions transportation technologies. The company designs, manufactures, and supplies advanced components and systems that facilitate the transition from traditional fuels to cleaner energy solutions. With expertise in clean fuels such as natural gas, renewable natural gas, and hydrogen, Westport aims to empower original equipment manufacturers (OEMs) and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets cost-effectively [1][3].

The preliminary short form base shelf prospectus is a strategic step for Westport, enabling it to maintain a stable financial position and explore future growth opportunities. The specific terms of any future offerings or issuances under the shelf prospectus will be established at the time of such offerings. Currently, there are no offerings or issuances planned under these filings. Potential investors are advised to review the "Risk Factors" section of Westport's annual information form for additional risks related to the conduct of its business [1][3].

Investor inquiries can be directed to Westport's Investor Relations team at +1 604-718-2046 or via email at invest@westport.com.

References:
[1] https://finance.yahoo.com/news/westport-files-preliminary-short-form-210900100.html
[2] https://seekingalpha.com/news/4486267-westport-files-preliminary-short-form-base-shelf-prospectus
[3] https://financialpost.com/globe-newswire/westport-files-preliminary-short-form-base-shelf-prospectus-to-replace-expired-base-shelf-prospectus