AUSTIN, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the “Notes”) in an aggregate principal amount of fifteen million dollars ($15,000,000) and warrants (the “Warrants”). The offering closed on December 4, 2024.
MONTCLAIR, N.J.--(BUSINESS WIRE)--Sitetracker is pleased to announce today its acquisition of the ATLAS software platform from FTC Solar. This acquisition will enhance Sitetracker's already differentiated solution for the renewables industry by adding the expertise of an ATLAS product that has been utilized by leading renewables companies for over a decade. "Sitetracker's commitment to leading ...
AUSTIN, Texas, Nov. 27, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI) (“FTC Solar”), a leading provider of solar tracker systems, today announced that it will implement a reverse stock split of its issued and outstanding Common Stock at a ratio of 1-for-10, effective at 5:00 PM Eastern Time on November 29, 2024, to satisfy the Nasdaq Capital Market's minimum $1.00 bid price per share ...
Third Quarter Highlights and Recent Developments Third quarter revenue of $10.1 million, in-line with prior target Industry veteran Yann Brandt joined as CEO Announced 1GW tracker supply agreement with Dunlieh Energy Announced multi-year agreement with Strata Clean Energy for 500mw, expandable to 1GW+ Provided incremental project detail on 1GW of projects with Sandhills Energy Post quarter-end,...
AUSTIN, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its third quarter financial results before market open on Tuesday, November 12, 2024.
AUSTIN, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, and Sandhills Energy (“Sandhills”) announced today that FTC will be supplying its innovative 1P Pioneer trackers for 1 gigawatt of projects over three sites.
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