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What Happened to Tigo Energy?
Ticker: TYGOSPAC Year: 2021
Return
-61.0%
Current Price
$3.9
Peak Price
$27
Trust Size
$78M
Summary
Tigo Energy develops and manufactures smart module-level power electronics and monitoring solutions for solar energy systems, including its flagship Flex MLPE platform.
What Happened
Tigo Energy went public in December 2022 through a merger with Roth CH Acquisition V. The company's module-level power electronics (MLPE) technology optimizes solar panel output and provides real-time monitoring for residential and commercial solar installations. Tigo has reported going concern warnings and its stock has struggled as the residential solar market faced a slowdown.
Timeline
2021-08-02
S-1 Registration Filed