TPI Composites IPO

7/22/2016

IPO

$69,300,000

We intend to use the net proceeds to us from this offering for working capital and other general corporate purposes, including the financing of our existing manufacturing operations and the expansion in existing and new geographies as well as approximately $2.0 million to finance the repayment of certain indebtedness. However, these potential alternatives for the use of proceeds could change significantly depending upon the amount of cash generated by our operations, competitive and industry developments, market opportunities, the rate of growth, if any, of our business, and a variety of other factors. Although we currently have no agreements or commitments for any specific acquisitions, we may also use a portion of the net proceeds to us to expand our current business through strategic alliances or acquisitions of other businesses, products or technologies. We intend to use the net proceeds from this offering to repay a $2.0 million advance from GE Wind.

Publicly-held

Advanced Materials

8501 N Scottsdale Rd. 280
Scottsdale, AZ 85253
USA

TPI (NASDAQ: TPIC) is a leading developer and volume manufacturer of large-scale composite structures for the wind energy, transportation and military vehicle markets. The company's technology excels where high strength, light weight and durability are needed.