O’Melveny Advises Underwriters in SolarEdge Initial Public Offering

三月 31, 2015



Colleen B. McGushin
O’Melveny & Myers LLP            
Emily Lattal
O’Melveny & Myers LLP

NEW YORK — March 31, 2015 — O’Melveny & Myers LLP represented Goldman, Sachs & Co. and Deutsche Bank Securities Inc., as representatives of the several underwriters, in SolarEdge Technologies, Inc.’s initial public offering of 8,050,000 shares of its common stock (including the full exercise of the greenshoe) at US$18.00 per share for US$144.9 million of aggregate offering proceeds. The offering closed on March 31, 2015.

The O'Melveny team was led by partner Dan O'Shea and included partner Warren Lazarow, counsel David Ni, and associates Judah Bareli and Andrew Epstein.

About O’Melveny & Myers LLP
With approximately 700 lawyers in 15 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.

The following press release was issued by SolarEdge:

SolarEdge Technologies, Inc. Announces Pricing of Its Initial Public Offering

New York City, New York, March 26, 2015 –
SolarEdge Technologies, Inc. (“SolarEdge”) has announced the pricing of its initial public offering of 7,000,000 shares of its common stock at a price to the public of $18.00 per share. All shares are being sold by SolarEdge. As part of the offering, the underwriters have been granted a 30-day option to purchase up to 1,050,000 additional shares. The shares are expected to begin trading today on the NASDAQ Global Select Market under the ticker symbol “SEDG.” The closing of the offering is expected to occur on March 31, 2015, subject to the satisfaction of customary closing conditions.

Goldman, Sachs & Co. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. Needham & Company, Canaccord Genuity Inc. and Roth Capital Partners are acting as co-managers.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 25, 2015. 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.

The offering will be made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; and Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, telephone: 1-800-503-4611, email: prospectus.cpdg@db.com.

About SolarEdge
SolarEdge provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems. The SolarEdge DC optimized inverter system maximizes power generation at the individual PV module-level while lowering the cost of energy produced by the solar PV system. The SolarEdge system consists of power optimizers, inverters and a cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations.

Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263

Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 415-471-2700