Company seeks to redefine solar energy market with high-density vertical solar structures
NEO is excited to welcome Three Sixty Solar Ltd. (“Three Sixty”), a B.C.-based solar energy company, as they go public on the NEO Exchange. Three Sixty begins trading today under the symbol NEO:VSOL.
On a mission to create a world powered by renewable resources, Three Sixty designs, builds, and installs patent-pending vertical solar tower structures with smaller footprints than conventional methods. Three Sixty Solar towers are designed to provide energy efficient solutions for small commercial projects through to large utility-scale solar farms.
“Three Sixty Solar is proud to bring solar to people and places where it could never be deployed before,” commented Brian Roth, CEO of Three Sixty Solar. “As the solar industry continues its rapid growth, Three Sixty is excited to be addressing one of the biggest challenges in the market – access to land. Three Sixty’s solar towers enable developers to save up to 90% of the space normally required to deploy solar technology, leading to new opportunities in a host of markets.”
Roth continued: “We elected to partner with NEO because it is Canada’s Tier 1 stock exchange for the innovation economy. The NEO Exchange provides increased investor confidence through greater visibility and liquidity which will enable the continued growth of Three Sixty.”
Investors can trade shares of NEO:VSOL through their usual investment channels, including discount brokerage platforms and full-service dealers.
“We’re at it again! It is an honour for NEO to serve as the listing exchange of choice for yet another innovative, solutions-oriented, and disruptive company in the clean energy space,” remarked Jos Schmitt, President of NEO and Senior Vice President of Global Listings for Cboe Global Markets. “Three Sixty is redefining the solar energy market, and today marks the beginning of an exciting new chapter as they become a publicly listed company. We look forward to serving as a catalyst for their next phase of growth and providing the many benefits of a Tier 1 stock exchange, including increased quality of trading, exposure to a wider pool of sophisticated investors, and of course, a seamless customer service experience.”
Three Sixty Solar joins almost 250 unique listings on the NEO Exchange, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates between 10% and 15% of all volume traded in Canadian-listed companies and close to 20% of all volume traded in Canadian ETFs. Click here for a complete view of all NEO-listed securities.
About the NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since 2015 and acquired by Cboe Global Markets in 2022, NEO provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
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About Three Sixty Solar Ltd.
Three Sixty Solar Ltd. is an all-Canadian enterprise which focuses on solar equipment supply to the global market. The company’s premier product line is the patent pending SVS series commercial solar tower. Three Sixty Solar’s unique tower concept is a high density, clean energy solution that uses up to 90% less land space than conventional solar farms and can co-locate adjacent to homes, retail, agriculture, and industry, thus minimizing line loss and maximizing energy delivery in places where renewables have been difficult to install, until now.
Connect with Three Sixty: Website | LinkedIn | Twitter
View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005230/en/
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