Register  |  Login

Enphase IPO Raises Half of Goal After Shares Price at Bottom

BUSINESSWEEK - Enphase Energy, the largest provider of microinverters for solar panels, raised $51.1 million in its initial public offering, about half of what it initially sought.


Flag this item Connections
Print April 2, 2012, 12:28 (CEST)
text size: T T

The company sold 8.97 million shares at $6 each according to a filing (ENPH), the bottom of its expected range. Existing backers agreed to buy 2.5 million of the shares.


Read full article online


>> Source
blog comments powered by Disqus