Renaissance Capital logo

Skycorp Solar Group Priced, Nasdaq: PN

Chinese provider of solar photovoltaic and high performance computing products.

Industry: Industrials

Latest Trade: $3.59 0.00 (0.0%)

First Day Return: +0.8%

Return from IPO: -10.4%

We are a solar PV product provider principally engaged in the manufacture and sale of solar cables and solar connectors. We also actively cultivate partnerships with multiple Integrated Circuit (“IC”) chip manufacturers and offer customers new and used GPU and HPC servers. Our business is carried out through our operating subsidiaries, Ningbo Skycorp and its subsidiaries, in China. Our mission is to become a green energy solutions provider to power data centers by using solar power and to make our planet greener by delivering environment-friendly solar PV products. Leveraging our expertise and experience in the solar PV products and services market, experience in developing solar power technologies, as well as business relationships with our HPC server customers, we aim to expand our solar PV product offerings and high computing server solutions to enterprise customers of HPC servers.
IPO Data
IPO Date 03/03/2025
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 2.0
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cathay Securities
Company Data
Headquarters Ningbo, China
Founded 2011
Employees at IPO 113
Website www.skycorp.com

Skycorp Solar Group (PN) Performance

Created with Highcharts 10.3.2Chart context menuPN vs. IPO Index (IPOUSA)Mar 10Mar 24Apr 7Apr 21May 5May 19Jun 2Jun 16Jun 30Jul 14Jul 280%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexPNOur ETF tracks the IPO Index