Canadian Solar (CSIQ) To Sell 3.5 Million Shares In US

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02:37:29 am on July 15, 2008

Canadian Solar files with SEC to sell 3.5 million common shares in public offering

WASHINGTON (AP) — Canadian Solar Inc. has filed with the Securities and Exchange Commission to sell 3.5 million new common shares in the United States in a public offering, the company said late Monday.

The China-based company also plans to grant its underwriters, Deutsche Bank Securities Inc. and Piper Jaffray & Co., an option to purchase up to 525,000 additional common shares within 30 days of the offering.

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