Plenty of interest, just no checks.
Market conditions. Yeah, that's the ticket.
From the San Jose Business Journal:
BrightSource Energy Inc. said Wednesday it is planning to withdraw its registration statement for its IPO from the U.S. Securities and Exchange Commission . The Oakland-based solar thermal technology company cited adverse market conditions as its reasoning.Previously:
"While we received significant interest from potential investors, the continued market and economic volatility are not optimal conditions for an IPO," said CEO John Woolard in a prepared statement. "As a company, we've consistently made decisions in the best interest of our shareholders, employees and customers, and we will continue to do so. Fortunately, we're in a strong financial position and have the support of world-class investors and partners."...MORE
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