Sky Solar Holdings, Ltd. ("Sky Solar") (Nasdaq:SKYS) today announced the pricing of its initial public offering of 5,525,000 American depositary shares ("ADSs"), each representing eight of its ordinary shares, at a price to the public of US$8.00 per ADS for a total offering size of US$44.2 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on NASDAQ Capital Market today under the symbol "SKYS."
In addition, Sky Solar has granted the underwriters a 30-day option to purchase up to an additional 828,750 ADSs.
Roth Capital Partners is acting as the sole book-running manager for the offering. Northland Securities, Inc. is acting as the co-manager for the offering. – See more at: http://globenewswire.com/news-release/2014/11/13/683033/10108132/en/Sky-Solar-Announces-Pricing-of-Initial-Public-Offering.html#sthash.2kyrNtm9.dpuf
1
Share
Sky Solar Holdings, Ltd. ("Sky Solar") (Nasdaq:SKYS) today announced the pricing of its initial public offering of 5,525,000 American depositary shares ("ADSs"), each representing eight of its ordinary shares, at a price to the public of US$8.00 per ADS for a total offering size of US$44.2 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on NASDAQ Capital Market today under the symbol "SKYS."
In addition, Sky Solar has granted the underwriters a 30-day option to purchase up to an additional 828,750 ADSs.
Roth Capital Partners is acting as the sole book-running manager for the offering. Northland Securities, Inc. is acting as the co-manager for the offering.
– See more at: http://globenewswire.com/news-release/2014/11/13/683033/10108132/en/Sky-Solar-Announces-Pricing-of-Initial-Public-Offering.html#sthash.2kyrNtm9.dpuf
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.