World set to install 593 GW of new solar in 2024 - Ember
Sep 19, 2024 13:28 CESTto-the-point: SPI wraps up reorganisation merger
Vertically-integrated photovoltaics (PV) developer Solar Power Inc (OTCBB:SOPW), or SPI, said today it has completed its reorganisation as a Cayman Islands company after merging with a subsidiary.
As a result of the move, SPI Energy Co Ltd is now the parent company of the entire SPI group of firms. It is now applying for listing of the American Depositary Shares (ADSs) on the Nasdaq Capital Market and expects the process to be concluded in early 2016.
SPI Energy's ADSs will be quoted on the OTC Markets under the symbol "SRGYY" from January 4, 2016.
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