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CDT Roundup: 16 Deals, 12 Firms, 137 Lawyers, $12.1B

February 14, 2023 Claire Poole

The U.S. markets went wild for the initial public offering of Freemont, Calif., solar-seeking software maker Nextracker, which upsized both the offering size (by more than 14%) and the per-share price (from the $20 to $23 range to $24).

The issue began trading Feb. 9, shooting up 26% and signifying the year’s biggest IPO to date. Nextracker will bring in $638 million, $738 million including the over-allotment option.

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Claire Poole

Claire Poole is a senior writer at The Texas Lawbook, where she covers corporate transactions.

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