LEHI, Utah, Nov. 29, 2018 – — Vivint Solar, Inc. (NYSE: VSLR) announced today that 313 Acquisition LLC, its principal stockholder, intends to offer and sell 8,000,000 shares of its common stock in an underwritten public offering. In connection with this offering, the selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. Vivint Solar, Inc. will not receive any proceeds from the sale of shares by the selling stockholder.
BofA Merrill Lynch is acting as sole book-running manager for the offering.
A shelf registration statement relating to the offered shares of common stock was filed with the Securities and Exchange Commission (SEC) on August 24, 2018 and declared effective on September 11, 2018. The offering will be made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and the accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website, located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering may be obtained from BofA Merrill Lynch by mail at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by e-mailing email@example.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Vice President of Investor Relations
Senior Director of Communications
SOURCE Vivint Solar