• Westport Fuel Systems closed a US$10 million registered direct offering with a concurrent private placement priced at US$2.06 per share.
• Private placement included warrants to buy 4,854,369 common shares at US$2.06, immediately exercisable, expiring in two years.
• Warrant exercises could add about US$10 million in gross proceeds, but timing and completion are uncertain.
• Warrants were sold unregistered under Section 4(a)(2) and/or Regulation D, using prospectus exemptions in Canada.
• Warrant exercise capped to avoid holders exceeding 9.99% beneficial ownership, subject to limited exceptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westport Fuel Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606231615PRIMZONEFULLFEED9751381) on June 23, 2026, and is solely responsible for the information contained therein.