Array Technologies: Upsized IPO Prices Above Estimated Range at $22
15 Oktober 2020 - 2:10AM
Dow Jones News
By Josh Beckerman
Array Technologies Inc., a maker of solar trackers, said its
initial public offering priced at $22 a share, with a larger price
and size than its estimated terms.
The IPO was upsized to 47.5 million shares, after the estimated
size was increased on Tuesday to 45 million shares from 33.75
million. The estimated price range was $19 to $21.
Array is selling 7 million shares, while Oaktree Capital is
selling 40.5 million.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
October 14, 2020 19:55 ET (23:55 GMT)
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