Canadian Solar's Subsidiary CSI Solar's Updated IPO Prospectus And Indicative IPO Timetable Published By The Shanghai Stock Exchange
Portfolio Pulse from Benzinga Newsdesk
Canadian Solar's majority-owned subsidiary, CSI Solar, has published its updated IPO prospectus and indicative timetable on the Shanghai Stock Exchange. CSI Solar plans to issue 541,058,824 shares, representing 15% of shares outstanding after the IPO, with an additional 81,158,500 shares for over-allotments. The IPO pricing is expected to be confirmed on May 29, 2023.
May 22, 2023 | 8:02 pm
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Canadian Solar's subsidiary, CSI Solar, has released its updated IPO prospectus and timetable, which may impact Canadian Solar's stock price.
The updated IPO prospectus and timetable for Canadian Solar's subsidiary, CSI Solar, may generate investor interest and impact Canadian Solar's stock price. As the majority owner of CSI Solar, Canadian Solar's stock price may be positively affected by the IPO's progress and potential success.
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