SolarEdge Technologies, Inc. Announces Proposed Public Offering of 2,000,000 shares of its Common Stock
17 Março 2022 - 8:08AM
Business Wire
SolarEdge Technologies, Inc. (Nasdaq: SEDG) (“SolarEdge”) today
announced that it plans to conduct a registered public offering
(the “Offering”), subject to market conditions and other factors,
of 2,000,000 shares of its common stock (the “Common Stock”).
SolarEdge intends to grant the underwriters a 30-day option from
the date of the prospectus supplement to purchase up to an
additional 300,000 shares of its Common Stock upon the same terms
as set forth underwriting agreement. SolarEdge intends to use the
net proceeds from the Offering for general corporate purposes,
which may include acquisitions. However, SolarEdge does not have
agreements or commitments for any acquisitions at this time.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and
Morgan Stanley & Co. LLC are acting as joint book-running
managers for the Offering and as the representatives of the
underwriters. The Offering is being made pursuant to an effective
shelf registration statement that has been filed with the
Securities and Exchange Commission (the “SEC”). A preliminary
prospectus supplement related to the Offering of the Common Stock
will be filed with the SEC and will be available on the SEC’s
website at http://www.sec.gov. Copies of the preliminary prospectus
supplement and the accompanying prospectus relating to the Common
Stock may be obtained from: Goldman Sachs & Co. LLC, 200 West
Street, New York, New York 10282, Telephone: (866) 471-2526,
Attention: Registration Department; J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, Attention: Prospectus Department,
1155 Long Island Avenue, Edgewood, NY 11717, or via telephone:
1-866-803-9204; or Morgan Stanley & Co. LLC, 180 Varick Street,
2nd Floor, New York, NY 10014, Attention: Prospectus
Department.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any offer or
sale of, the Common Stock in any state or jurisdiction in which the
offer, solicitation, or sale would be unlawful.
Forward-Looking
Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified as such because
the statements include information, among other things, concerning:
the timing and amount of the Offering, whether the Offering will be
completed and the use of proceeds therefrom, our possible or
assumed future results of operations; future demands for solar
energy solutions; business strategies; technology developments;
financing and investment plans; dividend policy; competitive
position; industry and regulatory environment; general economic
conditions; potential growth opportunities; and the effects of
competition. These forward-looking statements are often
characterized by the use of words such as “may,” “believe,”
“expect,” “anticipate,” “plan,” “project,” “will,” “projections,”
“estimate,” or other words of similar import. Similarly, statements
that describe future financial performance or plans or strategies
are forward-looking statements.
Forward-looking statements are only predictions based on
SolarEdge’s current expectations and SolarEdge’s projections about
future events. These forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause
SolarEdge’s actual results, levels of activity, performance or
achievements to be materially different from those expressed or
implied by the forward-looking statements. Given these factors, you
should not place undue reliance on these forward-looking
statements. These factors include, but are not limited to, the
matters discussed in the section entitled “Risk Factors” of
SolarEdge’s Annual Report on Form 10-K for the year ended December
31, 2021, filed on February 22, 2022, Current Reports on Form 8-K
and other reports filed with the SEC. All forward-looking
statements included in this release are given only as at the date
hereof and SolarEdge assumes no obligation, and disclaims any duty,
to update the forward-looking statements in this release.
You should not rely upon forward-looking statements as
predictions of future events. The events and circumstances
reflected in the forward-looking statements may not be achieved or
occur. SolarEdge cannot guarantee future results, levels of
activity, performance or achievements. SolarEdge is under no duty
to update any of these forward-looking statements after the date of
this release or to conform these statements to actual results or
revised expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220317005544/en/
Investor Contacts SolarEdge Technologies, Inc. Ronen Faier,
Chief Financial Officer +1 510-498-3263 investors@solaredge.com or
Sapphire Investor Relations, LLC Erica Mannion or Michael Funari +1
617-542-6180 investors@solaredge.com
SolarEdge Technologies (NASDAQ:SEDG)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
SolarEdge Technologies (NASDAQ:SEDG)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024