Pioneer Power Solutions prices upsized IPO at $7, the low end of the range

By Renaissance Capital,

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Pioneer Power Solutions, which provides electrical equipment and services in the utility, industrial and commercial markets, raised $8 million by offering 1.1 million shares (up from 1.0 million) at $7, the low end of the range of $7 to $8. Pioneer Power Solutions plans to list on the NASDAQ under the symbol PPSI. Roth Capital acted as the sole bookrunner on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: PPSI

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