By Stephen Nakrosis
Clean-energy technology company SunScout Holding filed for an initial public with the U.S. Securities and Exchange Commission.
The company said it intends to apply to list on the NYSE American under the symbol SNSC, adding it anticipates the offering of 4 million Class A ordinary shares to price between $5 and $6 per share.
The Cayman Islands exempted company operates through its subsidiaries, SunScout New Zealand and Brightway Energy, to design and build autonomous, solar-powered robotic mowers and related solar energy solutions, it said.
SunScout also said its proprietary deployable solar array technology allows its products to operate independently of the electrical grid.
In the year ended June 30, 2025, the company reported revenue of $4.8 million, a 93% increase from the prior-year period.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 22, 2026 18:08 ET (22:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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