Real Goods Solar, Inc. announced that its initial public offering of shares of Class A common stock has been priced at $10.00 per share.
The company sold 5,500,000 shares in the offering, an increase of 500,000 shares over the previously announced offering size. The shares are scheduled to begin trading May 8, 2008 on the NASDAQ Global Market under the ticker symbol "RSOL."
Real Goods Solar has granted the underwriters a 30-day option to purchase up to an additional 825,000 shares.
ThinkPanmure, LLC acted as bookrunning lead manager of this offering. Canaccord Adams Inc. and Broadpoint Capital, Inc. acted as co-managers.
About Real Goods Solar, Inc.
Real Goods Solar, Inc. is a residential solar energy integrator offering turnkey solar energy services, and has 30 years of experience in residential solar energy, beginning with the sale in 1978 of the first solar photovoltaic, or PV, panels in the United States.
About Gaiam, Inc.
Gaiam, Inc. (Nasdaq: GAIA) is the parent company of Real Goods Solar, Inc. Gaiam is a lifestyle media company providing a broad selection of information, media, products and services to customers who value personal development, wellness, ecological lifestyles, responsible media and conscious community.
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