Sky Solar Nets $46.1 Million From IPO
Support CleanTechnica's work through a Substack subscription or on Stripe.
The Hong Kong based solar PV project developer Sky Solar Holdings netted a reported US$46.1 million for its recent IPO on the NASDAQ stock exchange, as per recent press reports.
The IPO saw 6,353,750 American depositary shares (ADS) put on offer — with each of these being equivalent to eight of Sky Solar’s regular shares — for $8 an ADS. According to the company’s manager for the IPO, ROTH Capital Partners, the gross proceeds from the IPO were $50.8 million.
Related:
Sky Solar IPO Reduced By Two-Thirds
Image Credit: Sky Solar Holdings
Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News!
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent.
CleanTechnica uses affiliate links. See our policy here.
CleanTechnica's Comment Policy
