Comments on: SolarCity prices at $8 per share, expected to trade Thursday http://gigaom.com/2012/12/12/solarcity-prices-at-8-per-share-expected-to-trade-thursday/ Sat, 25 May 2013 19:14:51 +0000 hourly 1 http://wordpress.com/ By: Wallstreeter NYC http://gigaom.com/2012/12/12/solarcity-prices-at-8-per-share-expected-to-trade-thursday/#comment-1249054 Thu, 13 Dec 2012 02:06:09 +0000 http://gigaom.com/?p=593876#comment-1249054 FYI Breaking alert and analysis on SOLARCITY IPO from IPO research site PrivCo:

SOLARCITY Slashes IPO Price To $8 Share (Far Below Original $13-$15 Range) On Weak Demand For Downsized IPO Of Just $92M: “Big Blow To Cleantech IPOs”

SolarCity Expects To Price IPO At $8; To Begin Trading Thursday (NASDAQ:SCTY)
SolarCity Will Raise $92 Million, Mustering An Equity Valuation Of $585 Million – Approximately 43% Below Initially Sought Valuation Of $1 Billion
Tuesday SolarCity Underwriters Returned to Investors Who Passed at $13-$15, Testing Price As Low As $10, And Still Could Not Generate Sufficient Demand (PrivCo Exclusive Breaking News Tuesday)
Company Frantically Trying to Complete IPO Pre-Holidays Due to Cash Needs And Over $100M in Debts
If SolarCity Cannot Fill Order Book At $8, Will Likely Withdraw IPO In Favor Of A Private Market Raise

http://bit.ly/Xd66cb

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