Wednesday, July 23, 2008

GT Solar International IPO (Nasdaq: SOLR)


NEW YORK (AP) - GT Solar International Inc. said in a filing with the Securities and Exchange Commission that it expects its pending initial public offering to total 30.3 million shares and price at $15.50 to $17.50 apiece.

...

Based on an offering price of $16.50, the IPO will generate about $500 million before expenses.

The company has applied to list its shares on the Nasdaq Global Market under the symbol "SOLR."


Another solar stock enters the industry. Don't have much info about the financial, but I guess it's the performance what really matters as soon as this stock starts to trading in the Nasdaq.

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