other material
confidence high
sentiment positive
materiality 0.70
Flex subsidiary Nextracker prices upsized IPO of 26.6M shares at $24.00 per share
FLEX LTD.
- Nextracker IPO priced at $24.00 per share for 26,600,000 shares of Class A common stock.
- Trading under ticker NXT on Nasdaq begins February 9, 2023; closing expected February 13.
- Underwriters granted 30-day option to purchase up to an additional 3,990,000 shares.
- Joint lead book-runners: J.P. Morgan, BofA Securities, Citigroup, and Barclays.