Corporate
May 2, 2012
Solar City moves toward IPO
Solar City has taken another step forward in its path towards a public offering later this year by filing a confidential submission of its draft registration statement.
By Paul Jones
Daily Journal Staff Writer
San Mateo-based Solar City, a residential solar installation company that uses a lease-financing model, announced Monday it had taken another step forward in its path towards a public offering later this year, filing a confidential submission of its draft registration statement on April 26.
"The offering is expected to commence after the SEC completes the review process," according to the company. Rumors that Solar City would...
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