STR Holdings, an Enfield, CT-based maker of sheets and film that encapsulate solar cells, said today that the company and its shareholders propose to sell 12.3 million shares of common stock for $13 to $15 in its planned initial public offering, according to an SEC filing. There are a total of 14.1 million shares registered in the offering, meaning the sale of shares could total up to about $212.3 million. The company, which was founded in 1944, has requested that its shares trade on the New York Stock Exchange under the ticker “STRI.”
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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