Solar tech firm Nextracker pockets $638m in upsized US IPO

Solar tech firm Nextracker pockets $638m in upsized US IPO

REUTERS/Shannon Stapleton

Solar technology firm Nextracker raised $638 million in its U.S. IPO, pricing it slightly higher than its indicated target range, parent company Flex Ltd said in a statement on Wednesday, adding that the number of shares sold was increased.