Elon Musk's SolarCity files for a $201 million IPO

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SolarCity, which provides solar power system design, financing, installation and monitoring services, filed on Friday with the SEC to raise up to $201 million in an initial public offering. The San Mateo, CA-based company, which was founded in 2006 and booked $111 million in sales for the 12 months ended 6/30/2012, plans to list on the NASDAQ under the symbol SCTY. Goldman Sachs, Credit Suisse, BofA Merrill Lynch, Needham & Company and Roth Capital are the joint bookrunners on the deal. No pricing terms were disclosed.



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



This article appears in: News Headlines , IPOs

Referenced Stocks: SCTY

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