Maxeon (MAXN) Announces $125M Public Offering of Ordinary Shares
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Maxeon Solar Technologies Announces Public Offering of Ordinary Shares
April 14, 2021 5:03 PM EDTSINGAPORE, April 14, 2021 /PRNewswire/ --Â Maxeon Solar Technologies, Ltd. (Maxeon) (NASDAQ: MAXN) today announced that it is offering to sell, subject to market and other conditions, $125,000,000 of ordinary shares through an underwritten public offering. Maxeon also intends to grant the underwriters an option, exercisable for 30 days after the date of the final prospectus supplement, to purchase up to an additional $18,750,000 of ordinary shares offered in the public offering on the same terms and conditions (the "Offering").
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