Opti-Harvest, which makes sunlight optimization products for agriculture, withdrew its plans for an initial public offering on Friday. It had originally filed in August 2022 and most recently planned to raise $11 million by offering 2.7 million units at $4.15.
Because the company had planned to offer units with warrants attached, Opti-Harvest will be excluded from Renaissance Capital's IPO stats.
The Beverly Hills, CA-based company was founded in 2016 and had planned to list on the Nasdaq under the symbol OPHV. WestPark Capital was set to be the sole bookrunner on the deal.
