Ormat Announces Pricing of Public Offering of Common Stock on Behalf of Stockholder Orix Corporation
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: GlobeNewswire
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the pricing of an underwritten secondary offering of 3,700,000 shares of its common stock on behalf of ORIX Corporation. The offering is expected to close on December 13, 2024, subject to customary closing conditions. Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder. Goldman Sachs & Co. LLC is acting as the sole book-running manager and underwriter for the offering. The shares of common stock are being sold to the public at an initial price of $76.20 per share. Goldman Sachs & Co. LLC will have a 30-day option to purchase up to an additional 555,000 shares of Ormat’s common stock from ORIX Corporation. This press release shall not constitute an offer to sell or
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ORA
News
- Ormat Technologies, Inc. (NYSE: ORA) is now covered by analysts at Piper Sandler. They set a "neutral" rating and a $78.00 price target on the stock.MarketBeat
- Ormat Announces Public Offering of Common Stock on Behalf of Stockholder ORIX CorporationGlobeNewswire
- Enhanced Geothermal Systems: Unlocking Earth's Hidden Energy Potential [Forbes]Forbes
- Ormat Technologies (ORA) Down 5.8% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Here's Why Ormat Technologies (NYSE:ORA) Has Caught The Eye Of Investors [Yahoo! Finance]Yahoo! Finance
ORA
Earnings
- 11/6/24 - Beat
ORA
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form SC
- 12/13/24 - Form 8-K
- ORA's page on the SEC website