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SolarEdge Technologies Priced, Nasdaq: SEDG

Provides DC-optimized inverter systems for the solar industry.

Industry: Technology

First Day Return: +15.0%

Industry: Technology

We have invented an intelligent inverter solution that has changed the way power is harvested and managed in a solar photovoltaic system. Our direct current optimized inverter system maximizes power generation at the individual PV module level while lowering the cost of energy produced by the solar PV system and providing comprehensive and advanced safety features. Our system consists of our power optimizers, inverters and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. Since we began commercial shipments in 2010, we have shipped approximately 1.3 gigawatts of our DC optimized inverter systems and our products have been installed in solar PV systems in 73 countries.
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IPO Data
IPO File Date 02/18/2015
Offer Price $18.00
Price Range $16.00 - $18.00
Offer Shares (mm) 7.0
Deal Size ($mm) $126
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/25/2015
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $126
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Herzilya, Israel
Founded 2006
Employees at IPO 360
Website www.solaredge.com

SolarEdge Technologies (SEDG) Performance