Shares of light-emitting diode (LED) lighting manufacturer/marketer Lighting Science Group Corp. (OTC BB: LSCG.OB) are trading up slightly today after falling 12 percent in the five days (down 5.6 percent yesterday) since it announced February 10 that it had filed an initial public offering (IPO) preliminary prospectus for a $150 million public equity financing. The company’s shares will trade on NASDAQ, but pricing or timing for the IPO were not disclosed.
A new study conducted by Groom Energy and Greentech Media Research shows the LED lighting industry is set for rapid growth over the next four years as it makes its ascent to the perch of the lighting market.
This past week, the Carbon Disclosure Project (CDP) announced its eighth annual request for information on greenhouse gas emissions and climate change strategies to over 4,500 companies globally.
What is CDP?