Published on November 28th, 2012 | by Adam Johnston0
SolarCity Announces Price For IPO
November 28th, 2012 by Adam Johnston
The solar installation industry leader is aiming to trade 10 million shares for between $13-15 a share. Stockholders will sell 65,012 shares of initial stock.
SolarCity originally had planned an IPO worth $201 million. However, it has scaled those plans to $151 million. Still, not bad for the most anticipated clean-tech IPO since Tesla in 2010.
Will this IPO be a “Happy Holidays” or a “Ba Hum Bug” for SolarCity? Only time will tell.