Hoku Scientific Inc. (HOKU) and and Tianwei New Energy Holdings announced after the bell Tuesday that they signed a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank, for the construction and development of Hoku's polysilicon production facility in Idaho.
Thinly traded Hoku Scientific dipped early Tuesday morning and closed down by 0.04 at $2.14. The stock is now up 0.86 on 19K shares after the bell.
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