Enphase Energy, Inc., (ENPH) said Wednesday that it has closed the underwritten public offering of about 10.3 million shares of its common stock at a price to the public of $6.00 per share for gross proceeds of about $61.9 million.
The shares include about 1.35 million shares of common stock sold pursuant to the over-allotment option granted by the company to the underwriters, which option was exercised in full.
The net proceeds from the sale of the shares, after deducting the underwriters' discounts and other estimated offering expenses payable by Enphase Energy, will be about $54.6 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.