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Canadian Solar Inc Announces At-The-Market Offering Of Common Shares


Thursday, 15 Aug 2013 09:01am EDT 

Canadian Solar Inc announced that it has filed a prospectus supplement to sell up to an aggregate of USD50.0 million of its common shares through an at-the-market equity offering program. The common shares will be offered through Credit Suisse as sales agent. Sales, if any, of the common shares under the at-the-market equity offering program will be made from time to time, at the Company's discretion, by means of ordinary broker transactions, including on the NASDAQ, in negotiated transactions at market prices, or as otherwise agreed with the sales agent. Canadian Solar intends to use the net proceeds from the sales of its common shares for general corporate purposes, which may include solar power project development expenses and working capital. 

Company Quote

26.46
-0.51 -1.89%
17 Apr 2014