Israeli developer Enlight Renewable Energy plans to commence its roadshow for the initial public offering of 14,000,000 of its ordinary shares on the US Nasdaq Stock Market.
In addition, Enlight expects to grant the underwriters a 30-day option to purchase up to an additional 2,100,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.
Enlight has applied to list its ordinary shares on Nasdaq under the ticker symbol ENLT.
Enlight’s ordinary shares currently trade on the Tel Aviv Stock Exchange under the symbol ENLT.
J.P. Morgan, BofA Securities and Barclays are acting as lead book-running managers for the proposed offering.
Credit Suisse, Wolfe | Nomura Alliance and HSBC are acting as book-running managers, and Roth Capital Partners is acting as co-manager for the proposed offering.