In the News

Enphase Energy Prices Initial Public Offering

Date: 03/30/2012

Company: Enphase Energy

Source: Business Wire

PETALUMA, Calif.–(BUSINESS WIRE)–Enphase Energy, Inc., (NASDAQ:ENPH) today announced the pricing of its initial public offering of 8,969,697 shares of common stock at a price to the public of $6.00 per share. All of the shares of common stock in the offering are being offered directly by Enphase. In addition, Enphase has granted the underwriters a 30-day option to purchase up to an additional 1,345,454 shares of common stock, solely to cover over-allotments, if any.

Morgan Stanley & Co. LLC, BofA Merrill Lynch and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. Jefferies & Company, Inc. is acting as joint lead manager, and Lazard Capital Markets LLC and ThinkEquity LLC are acting as co-managers. The shares are expected to begin trading on the NASDAQ Global Market on March 30, 2012 under the ticker symbol “ENPH.”


Read full story at Business Wire

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