Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against GT Solar International, Inc. (NASDAQ: SOLR)From LawFuel:
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against GT Solar International, Inc.
Class Action Lawsuit Against GT Solar International, Inc. CommencedFrom GT Solar:
The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States
District Court for the District of New Hampshire on behalf of purchasers of GT Solar International, Inc. ("GT Solar" or "the Company") (Nasdaq:SOLR) common stock pursuant or traceable to the Company's false and misleading Registration Statement and Prospectus...MORE
Yikes! Send Lawyers, Guns and Money
And now EuroWeek is reporting that GCL Silicon is slowing their proposed $862 Mil offering.
Too bad, I could have had fun with a company whose controlling shareholders include Happy Genius, Greatest Joy, Moonchu and Richmore:
Corporate Structure Immediately After the Acquisition and the Offering
The following chart sets forth our corporate structure immediately after the offering, assuming that the underwriters do not exercise their option to purchase additional ADSs:
Notes:
| (1) | Includes entities owned and controlled by Mr. Zhu Gongshan. |
| (2) | Includes Mandra Esop Ltd., or Mandra Esop, and Mandra Materials Ltd., or Mandra Materials, Mandra Esop and Mandra Materials are entities owned and controlled by Mr. Zhang Songyi. |
| (3) | Moonchu wholly owns Woo Foong Hong Ltd., or Woo Foong Hong. Woo Foong Hong wholly owns Mandra Silicon, which is the direct holder of shares of Sun Wave and Greatest Joy. See Notes (4) and (5) below. |
| (4) | Immediately prior to the offering, Sun Wave was 82% owned by Happy Genius and 18% owned by Mandra Silicon, an entity indirectly owned by Moonchu. |
| (5) | Immediately prior to the offering, Greatest Joy was 82% owned by Happy Genius and 18% owned by Mandra Silicon, an entity indirectly owned by Moonchu. |
From page 9 of the F-1.
