AstroPower Offering Two Million Shares in IPO

March 18, 2001 by Jeff Shepard

AstroPower (Newark, DE) is making two million shares of its stock available in a follow-on public offering. The company states that its shares are being offered at a price of $30 through underwriters led by Credit Suisse First Boston, JP Morgan, CIBC World Markets and FAC/Equities.

AstroPower has also granted the underwriters an option to purchase up to 200,000 additional shares of common stock.