secwatch.observer — SEC 8-K summary
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Issuer:     ORMAT TECHNOLOGIES, INC. (ORA)
CIK:        0001296445
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001213900-24-108619
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ORIX to sell 3.7M Ormat shares at $76.20 in secondary offering; Ormat gets no proceeds
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- ORIX Corporation sells 3,700,000 shares of Ormat common stock at $76.20 per share; underwriter option for 555,000 additional shares.
- Ormat receives no proceeds; all shares sold by ORIX under underwriting agreement with Goldman Sachs & Co. LLC.
- Offering expected to close on or about December 13, 2024, subject to customary conditions.
- Underwritten shares represent approximately 6% of Ormat's outstanding common stock.
- Underwriter granted 30-day option to purchase up to 555,000 additional shares from ORIX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1296445/000121390024108619/0001213900-24-108619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1296445/000121390024108619/ea0224608-8k_ormat.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-108619

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