ESGBreaks – Comstock Inc. (NYSE: LODE) Prices $30 Million Public Offering to Fund Solar Panel Recycling Expansion
Comstock (NYSE: LODE) has priced its underwritten public offering of 13,333,334 shares at $2.25 per share, expecting gross proceeds of approximately $30 million before expenses. The Company plans to use the funds to fully finance commercialization of its first industry-scale solar panel recycling facility—capable of processing over 3 million panels annually—advance additional site selection, cover development costs and repay debt. CEO Corrado De Gasperis said the offering eliminates all outstanding debt and strengthens the Company’s cash position to accelerate growth in its recycling business. The offering, led by Titan Partners Group, is expected to close August 14, 2025, subject to…