Home | Business News | Browse by Publication | M | M2 Presswire

Market Gainer Issues Update On SunPower Corporation.

Article Excerpt
M2 PRESSWIRE-1 June 2006-marketgainer.com: Market Gainer Issues Update On SunPower Corporation(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:01062006

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the markets has brought these companies to the attention of our research team. On the NASDAQ exchange SunPower Corporation (NASDAQ:SPWR), is responding to the attention of investors. We have also identified an independent resource exploration and production company, whose current projects range from the production of natural gas and oil in Alberta to the exploration for minerals such as copper and gold in Mongolia. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

SunPower Corporation (NASDAQ:SPWR), a Silicon Valley-based manufacturer of high efficiency, commercially-available solar cells and solar panels, today announced the pricing of a public offering of 7,000,000 million shares of its class A common stock at $29.50 per share. SunPower has granted the underwriters an option to purchase up to an additional 1,050,000 shares to cover overallotments, if any, which the underwriters may exercise within 30 days of the date of the final prospectus for the offering.

SunPower anticipates that...