SolarEdge Technologies Raises $678.5 Million Through Common Stock Offering
The company plans to use the proceeds for general corporate purposes, including acquisitions
March 24, 2022
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SolarEdge Technologies, a provider of end-to-end solar power optimization and PV monitoring solutions, completed underwritten public offering of 2,300,000 shares of common stock at $295.00 per share, raising $678.5 million (before deduction for the underwriters’ discount and other offering expenses). This includes 300,000 shares sold to the underwriters upon exercising their option to purchase additional shares.
