Tech Company Inital Public Offerings
Sunrun IPO
Sunrun, operating out of San Francisco, had an IPO event on 8/5/2015.
Transaction Overview
Company Name
Announced On
8/5/2015
Transaction Type
IPO
Amount
$250,600,000
Proceeds Purpose
We intend to use the net proceeds to us from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures. We cannot specify with certainty the particular uses of the net proceeds to us from this offering. Accordingly, we will have broad discretion in using these proceeds, provided that we comply with the terms and conditions contained in our credit agreements. Pending the use of proceeds to us from this offering as described above, we intend to invest the net proceeds from this offering in short-term and long-term interest-bearing obligations, including government and investment-grade debt securities and money market funds.
Company Information
Company Status
Publicly-held
Industry
Alternative Energy
Mailing Address
595 Market St. 29th Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Sunrun (NASDAQ: RUN) is the nation's first residential solar electricity provider. Pioneering solar as a service, Sunrun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that lets homeowners lock in an electricity rate that is lower than utility rates and never increases.
Management Team
Title
Name
Email & Social
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