Solar Power Inc. and a 14 million Private Placement
SPI, which manufactures and markets solar panels and runs a solar–power retail franchise, announced that it had raised $12 million. This week the company said an additional $2 million had been raised from an accredited investor who was unable to participate in the first closing of its private placement offering.
Proceeds were raised from the sale of about 14 million shares of common stock before payment of placement agent commissions and offering expenses. De
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