Canadian Solar Inc. (CSIQ) announced the closing of its previously announced follow-on offering of common stock. In total, the Company sold 6.90 million shares of common stock at a public offering price of $15.75 per share, including 900 thousand shares purchased by the underwriters in connection with their exercise, in full, of their option to purchase additional shares in connection with the offering.
Canadian Solar received total net proceeds of approximately $103.3 million after underwriting discounts and commissions and before offering expenses.
For comments and feedback contact: editorial@rttnews.com
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.