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Principal Solar announces launch of proposed IPO


21 May 2015 by


 

 

In connection with the offering, the company intends to grant the underwriter the option to purchase up to 375,000 additional shares of its common stock. The estimated price range for the initial public offering is USD 9.00 to USD 11.00 per share of common stock, after considering a recent 1:4 reverse split effected May 6th, 2015, and currently pending with FINRA. Principal Solar has applied to list its common stock on the Nasdaq Capital Market under the symbol “PSWW.”

 

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