Solar Tech Company Gets Major Boost Wednesday

Solar Tech Company Gets Major Boost Wednesday

By: Tomas Ronolski - News

Wednesday, February 1, 2023

Solar energy has grown increasingly in popularity over the last few decades, and it wasn’t until recently that the groundbreaking technology became relatively inexpensive for homeowners to install panels on their homes or on their property. 

Just today, a Nevada-based solar tech company announced that it has secured a $25.0 million drawdown term note with an institutional investor. Seeing that the company’s current market cap is less than this note, traders were naturally optimistic on Solar Integrated Roofing Corporation (OTCPK:SIRC), pushing shares as high as $0.05415/share (+55.60%) at the session high.

Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.

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