Canadian Solar Inc

NASDAQ:CSIQ   3:59:58 PM EDT
40.34
+0.44 (+1.10%)
4:15:19 PM EDT: $40.43 +0.09 (+0.22%)
Equity Financing / Related, Initial Public Offerings

Canadian Solar Raises $260 Million For Its Module And System Solutions Subsidiary In Preparation For The Carve-Out IPO

Published: 09/30/2020 10:53 GMT
Canadian Solar Inc (CSIQ) - Canadian Solar Raises $260 Million for Its Module and System Solutions Subsidiary in Preparation for the Carve-out Ipo.
Canadian Solar - Co, Third-party Investors, Csiq Employees and Esop Platforms Will Respectively Own 74.9%, 20.0%, 0.4% and 4.7% of Csi Solar.
Canadian Solar - Third-party Investors to Purchase Existing Csi Solar Shares From Co for Rmb 1.50 Billion at an Equity Valuation of Rmb 7.50 Billion.