Sunworks: Sees worst day in nearly 2 months on potential stock offering

Sunworks

25/11/2020 15:22

** Renewable energy firm's  SUNW.O  shares down 12.8% at
$5.49; set for their biggest daily percentage fall in nearly 2
months
    ** Co files prospectus supplement related to potential
offering of its common stock of up to $20 mln; no other details
were disclosed [https://bit.ly/3m7bxwf
]
    ** Sunworks, which has a market cap of $104.7 mln, has 16.63
mln shares outstanding
    ** Stock has gained over four-fold so far this year 

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
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