| STR Holdings, Inc. Think of it as plastic wrap for solar cells. STR Holdings owns Specialized Technology Resources, which manufactures encapsulants: extruded polymer sheet and film used to hold solar modules together and protect the semiconductor circuits from exposure to the elements. The encapsulants are sold on a global basis to solar module manufacturers, including BP Solar, First Solar, and SunPower Corporation. In addition, its quality assurance business provides inspection, testing, and audit services used by consumer products retailers and manufacturers worldwide to ensure their products and facilities meet applicable international standards. STR Holdings filed to go public in 2009.
IPO Information Date Went Public:
Nov 6, 2009
Filing Date:
Oct 7, 2009
Proposed Offer Price:
$11.00 to
$13.00
Actual Offer Price:
$10.00
First Day Open:
$10.00
First Day Close:
$13.10
Shares Offered (mil.):
12.30
Offering Amount (mil.):
$123.00
Post-Offering Shares (mil.):
41.35
Underwriters:
Credit Suisse Securities (USA) LLC; Goldman, Sachs & Co.; Cowen and Company, LLC; Jefferies & Company, Inc.; Lazard Capital Markets LLC; Macquarie Securities (USA) Inc.
|  | Key Numbers Company Type:
Public
NYSE:
STRI Fiscal Year-End: December 2008 Sales (mil.): $288.6
1-Year Sales Growth: 65.8% 2008 Net Income (mil.): $28.1 1-Year Net Income Growth: 480.3% 2008 Employees: 2,100
1-Year Employee Growth: 23.5%
Key People
Chairman, President, and CEO Dennis L. Jilot
EVP and CFO Barry A. Morris
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