SolarCity Moving Towards Initial Public Offering

Clean energy distribution company SolarCity announced late last week that it had filed with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock.
This early on, there are no numbers of shares to be offered or a price range for the offering, but it is known that SolarCity intends to list its common stock on the NASDAQ Global Market under the ticker symbol SCTY.
Goldman Sachs & Co., Credit Suisse Securities (USA) LLC, and BofA Merrill Lynch will act as joint book-running managers for the offering. Needham & Company, LLC and Roth Capital Partners will act as co-managers.
A copy of the preliminary prospectus, when available, may be obtained from the following partners;
- Goldman, Sachs & Co., 200 West Street, New York, New York 10282, Attention: Prospectus Department, by calling (866) 471-2526, or by e-mailing prospectus-ny@ny.email.gs.com
- Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10014, Attention: Prospectus Department, or by telephone at 1-800-221-1037
- BofA Merrill Lynch, 222 Broadway, 7th Floor, New York, New York 10038, Attention: Prospectus Department, or by e-mailing dg.prospectus_requests@baml.com.
Source: SolarCity

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