Real Goods Solar, a residential solar installer, sets terms for IPO
Real Goods Solar, the Broomfield, Colorado-based solar installer and a subsidiary of Gaiam (NASDAQ: GAIA), a green lifestyle company, expects to sell 5 million shares at $10 – 12 when it files for an IPO on the NASDAQ under the ticker symbol “RSOL”. The offering’s lead underwriter is ThinkPanmure, with Canaccord Adams and Broadpoint Capital as co-managers.
The company, which recently bought out California-based competitors Marin Solar and Carlson Solar, hopes to raise $49 million after… Continue Reading