Enlight Renewable Energy, an Israeli developer, intends to start promoting its IPO of 14,000,000 of its common shares on the Nasdaq Stock Market in the United States.
They anticipate giving the underwriters a 30-day option to buy up to 2,100,000 additional ordinary shares at the IPO price, minus underwriting discounts and fees.
Enlight has submitted an application to list its common shares on Nasdaq with the ticker symbol ENLT.
Under the ticker ENLT, ordinary shares of Enlight are currently traded on the Tel Aviv Stock Exchange.
The proposed offering’s principal book-running managers are J.P. Morgan, BofA Securities, and Barclays.
The book-running managers for the potential offering are Credit Suisse, Wolfe | Nomura Alliance, HSBC, and Roth Capital Partners serving as co-manager.
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