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Sunworks registers $50M of securities

Sunworks Inc. on May 21 filed a shelf registration statement on Form S-3 for the potential sale of up to $50 million of securities from time to time.

The filing covers the sale of common and preferred shares, warrants and units.

The company plans to use proceeds from any sale of securities for working capital and general corporate purposes. It may also invest a portion of the proceeds to acquire complementary businesses, products and technologies.