|03/26/15||Gevo Reports Fourth Quarter 2014 Financial Results|
|Significant Progress Made on Commercial Production of Isobutanol at Luverne, Focus Turns to Licensing
Reports EPS of ($0.11) for the fourth quarter
Ended the fourth quarter with cash and cash equivalents of $6.4 million
In February 2015, closed an offering of common stock units representing gross proceeds of $6.65 million; have subsequently received an additional $2.0 million of gross proceeds through the exercise of warrants associated with this offering
Revenue in fo... |
|03/24/15||Gevo Signs Strategic Alliance Memorandum of Understanding With Praj|
|Praj to License Gevo's Isobutanol Technology for Sugar-Based Ethanol Plants
ENGLEWOOD, Colo., March 24, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), announced today that Praj Industries Limited ("Praj") has signed a memorandum of understanding (MOU) to become a Gevo licensee for producing renewable isobutanol at sugar-based ethanol plants.
Under the MOU, Praj will undertake to license up to 250 million gallons of isobutanol capacity for sugar-based ethanol plants over the next ten yea... |
|03/09/15||Gevo Sells Renewable Jet Fuel to NASA|
|ENGLEWOOD, Colo., March 9, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), announced today that the National Aeronautics and Space Administration (NASA) has purchased Gevo's renewable Alcohol-to-Jet fuel (ATJ) for aviation use at the NASA Glenn Research Center in Cleveland, OH. Gevo's ATJ is manufactured at its demonstration biorefinery located in Silsbee, TX, using renewable isobutanol produced at its Luverne, MN, isobutanol plant. The biorefinery, where Gevo also produces bio-paraxylene and... |
|03/06/15||Gevo to Present at the 27th Annual ROTH Conference|
|ENGLEWOOD, Colo., March 6, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO) today announced that Dr. Patrick Gruber, Gevo's Chief Executive Officer, will present at the 27th Annual ROTH Conference on Tuesday, March 10, 2015 at 11:00 AM PDT / 2:00 PM EDT. The conference is being held in Dana Point, CA.
Gevo is a leading renewable technology, chemical products, and next generation biofuels company. Gevo has developed proprietary technology that uses a combination of synthetic b... |
|03/04/15||Gevo to Host Conference Call to Report Fourth Quarter Financial Results on March 26, 2015|
|ENGLEWOOD, Colo., March 4, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO) today announced that the company will host a conference call on Thursday, March 26, 2015 at 4:30 p.m. EDT (2:30 p.m. MDT) to report its financial results for the fourth quarter ended December 31, 2014 and provide an update on recent corporate highlights.
To participate in the conference call, please dial 1(800) 708-4540 (inside the U.S.) or 1 (847) 619-6397 (outside the U.S.) and reference the access code 39142759.
|02/13/15||Marine Industry Consortium Confirms Positive Test Results Using Gevo's Isobutanol in Boat Engines|
|Tests Demonstrate That Isobutanol-Blended Gasoline Meets Performance Requirements of the Multi-Billion Gallon Marine Fuel Market
ENGLEWOOD, Colo., Feb. 13, 2015 (GLOBE NEWSWIRE) -- A consortium of leading organizations from the recreational marine industry has completed more than four years of testing Gevo's (Nasdaq:GEVO) renewable isobutanol in marine engines. Thousands of hours of testing showed that isobutanol blends of up to 16.1% can be used in marine engines without deterioration of engin... |
|02/12/15||Gevo Appoints Andy Marsh, President & CEO of Plug Power Inc., to Its Board of Directors|
|ENGLEWOOD, Colo., Feb. 12, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO) announced today that it has appointed Andy Marsh to its Board of Directors. Mr. Marsh is the President and Chief Executive Officer of Plug Power Inc. (Nasdaq:PLUG), the leading designer and manufacturer of commercially viable hydrogen and fuel cell systems.
Mr. Marsh joined Plug Power as President and CEO in April 2008. Mr. Marsh has created a thriving business at Plug Power, able to secure significant customers, in... |
|01/29/15||Gevo Announces Pricing of Public Offering of Common Stock and Warrants|
|ENGLEWOOD, Colo., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), a leading renewable chemicals and next-generation biofuels company, announced today that it has priced its underwritten public offering of common stock units.
Gevo announced that it has agreed to sell 33,250,000 common stock units. Each common stock unit consists of one share of common stock, a Series A warrant to purchase one share of common stock and a Series B warrant to purchase one share of common stock at a p... |
|01/28/15||Gevo Announces Proposed Public Offering of Common Stock and Warrants|
|ENGLEWOOD, Colo., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), a leading renewable chemicals and next-generation biofuels company, announced today that it intends to offer and sell, subject to market and other conditions, common stock units. Each common stock unit will consist of one share of common stock, Series A warrants to purchase a certain number of shares of common stock and Series B warrants to purchase a certain number of shares of common stock. The units are to be sold b... |
|01/27/15||U.S. Supreme Court Rules in Gevo's Favor|
|Gevo's Victory in Delaware District Court Reinstated
ENGLEWOOD, Colo., Jan. 27, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), announced today that the U.S. Supreme Court (Supreme Court) ruled in Gevo's favor and overturned an earlier Federal Circuit Court of Appeals (Appeals Court) ruling on the interpretation of key patent claims. The result is that Gevo's victory in the Delaware District Court is reinstated, and that the case has been remanded back to the Appeals Court for consideration ... |
|01/20/15||Gevo Provides Corporate Update|
|Announces Initiatives to Improve Company-Wide Cash Flow
ENGLEWOOD, Colo., Jan. 20, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), the world's only commercial producer of renewable isobutanol, today provided a corporate update, including announcing certain cost savings initiatives to improve the Company's overall cash flow.
- Gevo's average monthly corporate-wide EBITDA burn rate (excluding stock-based compensation) is expected to decrease by almost 40% to approximately $1.50-1.75 millio... |
|01/12/15||Gevo Launches Sales of Renewable Isobutanol to Brenntag Canada|
|Target Markets Include Solvents and Specialty Chemicals
ENGLEWOOD, Colo., Jan. 12, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), the world's only commercial producer of renewable isobutanol, announced it has launched sales of renewable isobutanol to Brenntag Canada Inc. (Brenntag Canada), a member of the Brenntag group companies for distribution into the solvents, oil & gas, mining and specialty chemicals markets. The initial market entry is focused on Canada. Brenntag Canada has purch... |
|01/08/15||Luverne Plant Update - Fourth Quarter Isobutanol Production Milestone Achieved Under Side-by-Side|
|Gevo Produces Over 50 Thousand Gallons of Isobutanol in December 2014
ENGLEWOOD, Colo., Jan. 8, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), the world's only commercial producer of renewable isobutanol, today reported an update on the progress of the Side-by-Side operational mode (SBS) of its plant in Luverne, MN.
In June 2014, Gevo commenced the co-production of isobutanol and ethanol at Luverne, with one fermenter dedicated to isobutanol production and three fermenters dedicated to ... |
|01/05/15||Gevo Transfers Listing to Nasdaq Capital Market|
|ENGLEWOOD, Colo., Jan. 5, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), the world's only commercial producer of renewable isobutanol, announced today that it received a positive determination from the Listing Qualifications department of The Nasdaq Stock Market ("Nasdaq") on December 30, 2014, granting approval of the Company's request to transfer its listing to The Nasdaq Capital Market® ("Capital Market") from The Nasdaq Global Market®. The Company's securities will begin trading on the N... |