Nextracker prices 16.5M-share offering at $36.50; closing July 3

FLEX LTD.

Nextracker priced 14,210,511 new shares and 2,289,489 secondary shares at $36.50 per share.
Underwriters granted 30-day option to purchase up to 1,650,000 additional shares at $36.50.
Offering expected to close July 3, 2023; net proceeds to buy Nextracker LLC units from Yuma and TPG.
Joint book-runners: J.P. Morgan, BofA Securities, Barclays and Citigroup.

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