Equity Capital Markets
Initial Public Offering
|Client & Transactional Partners||
On February 8, 2023, Nextracker Inc. (Nextracker or the Company) priced their Initial Public Offering which featured a base offering of $638 million that grew to $734 million after the overallotment option was exercised. The Company plans to use net proceeds from the offering to purchase LLC commons units from Yuma (a subsidiary of Flex, which is the parent company of Nextracker). KeyBanc Capital Markets served as a Joint Bookrunner on the transaction.