The Firm represented Credit Suisse Securities (USA) LLC (“Credit Suisse”) as sales agent in an SEC-registered at-the-market equity program pursuant to which shares of FTC Solar, Inc.’s (“FTC Solar”) (NASDAQ: FTCI) common stock, having an aggregate gross sales price of up to $100 million, may be sold from time to time by Credit Suisse.
FTC Solar is a global provider of solar tracker systems, software, and engineering services. FTC Solar is headquartered in Austin, Texas, and maintains a sales and support presence in the Middle East, Asia, Europe, Australia, India and Africa.
The Simpson Thacher team included Roxane Reardon, Lia Toback, Pia Figuerola and Natalie Sherburne (Capital Markets); Michael Mann and Shareef Salfity (Tax); Ryan Stott and Damian Gallagher (Executive Compensation and Employee Benefits); Michael Isby (Environmental); Jessica Cohen, Kate Mirino and Rachelle Broida (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).