Ormat’s Public Offering of Common Stock: A Successful Upsizing on Behalf of Stockholder ORIX Corporation
The Impact of Ormat’s Public Offering Announcement Introduction On November 16, 2022, Ormat Technologies, Inc. disclosed the pricing of an upsized underwritten secondary offering of 3,750,000 shares of its common stock on behalf of ORIX Corporation. The shares were priced at $90.00 per share, marking a significant milestone for the company and its investors. What…