One of the most-followed US clean technology start-ups, Solyndra has already garnered $970 million through equity financings, according to its registration statement, a lengthy document filed with the US Securities and Exchange Commission, that unveils many details of the company’s business.
Investment in the company has been led by Argonaut Ventures, which owns about 35.7% of outstanding common stock in Solyndra and holds the right to purchase up 15% of shares offered in the IPO.
Solyndra intends to raise up to $300m through the offering.
