ReneSola (SOL) Announces Proposed 2.105M ADS Registered Direct Offering at $9.50/Sh
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ReneSola Power Announces $20.0 Million Registered Direct Offering
December 23, 2020 8:00 AM ESTSTAMFORD, Conn., Dec. 23, 2020 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company")  (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of approximately 2.105 million of American Depositary Shares (ADSs), each representing ten (10) ordinary shares, at a purchase price of $9.50 per ADS, in a registered direct offering. The registered direct offering is expected to close on or about December 28, 2020, subject to the satisfaction of customary closing conditions.
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