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Sunrun registers up to $328.7M of securities


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Sunrun registers up to $328.7M of securities

Sunrun Inc. filed with the SEC on Dec. 15 to register to several securities worth $328.7 million in total and 30 million common shares that may be offered by selling stockholders from time to time.

The company may offer securities separately or in combination of common stock, preferred stock, debt securities and warrants that may by issuable upon conversion, redemption, repurchase, exchange or exercise of any securities registered in the prospectus, including any applicable antidilution provisions.

Sunrun plans to use the proceeds from sale of these securities to invest in short- and intermediate-term, interest-bearing obligations, investment-grade instruments, certificates of deposit or direct or guaranteed obligations and general corporate purposes, until specified otherwise at the time of offering.