Solar Company Seeks Initial Public Offering

February 9, 2004 [] According to an article that appeared last week in the Sacramento Bee, DayStar Technologies Inc. expects to begin trading its stock in a unit offering that includes one share of common stock, plus Class A and B warrants. The company is a renewable energy / photovoltaic (PV) technology development and commercialization business. They hold patents and proprietary know-how for high-efficiency, low-cost solar products that include flexible or rigid PV modules and systems, building integrated components, and ultra-lightweight space PV cells. The DayStar offering should bring in from $8.9M to $13.1M, which the company says will be used for research and development, personnel expenses, capital equipment, and working capital.
Previous articleGlobal Resource Options Technical Seminar
Next articleWind Farm Secures 20 Year Energy Output Sale

No posts to display