Cleantech Solutions (CLNT -13%) shrugs off earlier news of orders to trade lower after selling...

|About: Cleantech Solutions Interna... (CLNT)|By:, SA News Editor

Cleantech Solutions (CLNT -13%) shrugs off earlier news of orders to trade lower after selling 428,398 shares of its common stock at $4.50 apiece, a hefty 16% discount to yesterday's, close. The sale generates $1.9M in net proceeds, which the company plans to use for working capital and other general corporate purposes.