JinkoSolar (JKS) Announces Proposed At-the-Market ADS Offering Up to $100M
JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its board of directors has approved its proposed equity offering through an at-the-market equity offering program. The Company is preparing relevant documentation for this program. After the Company later files a registration statement (including a prospectus) and the relevant prospectus supplement with the U.S. Securities and Exchange Commission (the "SEC"), the Company may at its discretion sell, from time to time, up to an aggregate of US$100,000,000 of its American depositary shares, each representing four ordinary shares of the Company, under this program at market prices prevailing at the time of sale or at negotiated prices, or as otherwise agreed with the sales agents.
The Company may file a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering.