Gold/Mining/Energy: SunPower Announces Initial Public Offering SPWR
Posts: 196 | Member SubjectMarks: 29 | No Bans

Add SubjectMark | Hide Original Post | Show Chart | Poster Summary | Share This Board

Moderated By: Smiling Bob -- (Moderated) -- Started: 11/18/2005 7:05:05 PM  Revision History

SunPower Announces Initial Public Offering
investors.sunpowercorp.com 

SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 17, 2005--SunPower Corporation, a subsidiary of Cypress Semiconductor Corp. (NYSE:CY - News), announced today its initial public offering of 7,700,000 shares of its Common Stock at $18 per share, before underwriting discounts and commissions.

Credit Suisse First Boston LLC and Lehman Brothers, Inc. are the joint book-running managers for the offering and SG Cowen & Co., LLC and First Albany Capital, Inc. are co-managers.

All shares are being offered by SunPower Corporation except 30,000 shares which will be offered by a selling stockholder in the event the underwriters exercise their over-allotment option to purchase up to an additional 1,155,000 shares.

SunPower Corporation's Common Stock will be traded on The NASDAQ National Market under the symbol "SPWR."

SunPower Corporation, headquartered in Sunnyvale, Calif., designs, manufactures and sells solar-electric power products. The offering of these securities is made only by means of a prospectus, copies of which may be obtained from Credit Suisse First Boston LLC, Prospectus Department, One Madison Avenue, New York, NY, 10010 (telephone: 212-325-2580 or fax: 212-325-8057); and Lehman Brothers Inc., c/o ADP Financial Services, Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, NY, 11717, email: monica_castillo@adp.com or fax: 631-254-7268.

A registration statement related to these securities was filed with the Securities and Exchange Commission and declared effective by the SEC on November 16, 2005. The public offering is being made by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

SunPower is a registered trademark of SunPower Corp. Cypress and the Cypress logo are registered trademarks of Cypress Semiconductor Corporation. All other trademarks are the property of their respective owners.

Contact:
SunPower Corp.
Julie Blunden, 408-470-4277
Julie.blunden@sunpowercorp.com



Source: SunPower Corporation
Previous 10 | Next 10 | View Recent | Post Message Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsDate
196From CS yesterday: Solar Snippet SECTOR FORECAST Italy may have installed 6GW iEric-01/26/2011 09:21 PM
195From Credit Suisse on Friday: SunPower Corp. (SPWRA) DECREASE TARGET PRICE ItaEric-11/13/2010 10:38 AM
194September 24, 2010, 10:16 AM ET SunPower: Raymond James, Soleil Both Cut Their REric-09/26/2010 11:55 AM
193Credit Suisse Solar report out today. Yet another US solar pipeline acquisitioEric-09/22/2010 09:04 PM
192Thanks! Sidney Reilly-09/07/2010 05:02 PM
191Sydney Here is a possibility: Photovoltaic (PV) System Installation Training Eric-09/07/2010 03:50 PM
190SunPower Solar Technology Selected for Multiple U.S. Federal Government FacilitiEric-09/02/2010 05:34 PM
189Sidney They have a dealer distribution system and installers (the bigger ones) Eric-08/27/2010 01:30 PM
188I've tried contacting Sunpower a couple of times about being a residential iSidney Reilly-08/27/2010 01:14 PM
187Hi Sidney, Unfortunately "not a chance in hell". I really love theirEric-08/27/2010 08:38 AM
186What do you think about Sunpower's chances of regaining it's former $130Sidney Reilly-08/25/2010 03:18 PM
Previous 10 | Next 10 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2013 Knight Sac Media. All rights reserved.