SolarEdge Technologies, Inc. Announces Closing of Common Stock Offering

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Mar 22, 2022

SolarEdge Technologies, Inc. (Nasdaq: SEDG) (“SolarEdge”) today announced the closing of its previously-announced underwritten public offering of 2,300,000 shares of its common stock at $295.00 per share (the “Common Stock”), for total gross proceeds of $678.5 million (before deduction for the underwriters’ discount and other offering expenses). This number includes 300,000 shares sold to the underwriters upon exercise of their option to purchase additional shares.