Nextracker Tops Goal to Get $638 Million in Biggest 2023 US IPO
This article is for subscribers only.
Solar power equipment maker Nextracker Inc. raised $638 million in an initial public offering, exceeding its target for the first major US listing of 2023.
Nextracker sold 26.6 million shares for $24 apiece in the upsized listing, according to a statement Wednesday. It had earlier marketed about 23 million shares for $20 to $23.