SolarEdge Technologies (SEDG) Prices 2M Share Offering at $295/sh

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SolarEdge Technologies, Inc. Prices Common Stock Offering

March 17, 2022 7:39 PM EDT

MILPITAS, Calif.--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (Nasdaq: SEDG) (SolarEdge) today announced the pricing of 2,000,000 shares of its common stock at $295.00 per share (the Common Stock), for total gross proceeds of $590.0 million (before deduction for the underwriters discount and other offering expenses).

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the Common Stock offering and as the representatives of the underwriters. SolarEdge has granted the underwriters a 30-day option from the date of the prospectus supplement to purchase up to an... More