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LOUISVILLE, Colo., Dec. 9, 2013 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc. (Nasdaq:RSOL), a nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, encourages shareholders to vote in person or via proxy at its upcoming special meeting to be held January 14, 2014 at 10:00 a.m. Mountain time, at the offices of Real Goods Solar, 833 West South Boulder Road, Louisville, Colorado.
The meeting will be held to consider and vote upon the matters set forth in the final joint proxy statement/prospectus that Real Goods Solar filed with the Securities and Exchange Commission on December 3, 2013, including a proposal to approve the issuance of shares of Real Goods Solar Class A common stock in connection with the Mercury merger, and a proposal to approve an amendment to Real Goods Solar's 2008 Long-Term Incentive Plan to increase the number of shares authorized for issuance under the plan.
Shareholders should soon receive their joint proxy statement/prospectus in the mail. The company encourages those who cannot attend the special meeting in person to submit their proxies by telephone, via internet or by mail.
"Every shareholder's voice is important to us, so we welcome and encourage everyone to attend this special meeting," said Real Goods Solar CEO Kam Mofid. "For those unable to attend, it is very important for you to vote via proxy. We are excited about and look forward to completing the Mercury transaction. As described more fully in our Form S-4 declared effective December 3, 2013, our board of directors has approved the transaction and recommends a 'yes' vote. Our management and our board of directors believe that the merger with Mercury will position us as one of the largest U.S. solar installers, increase our financial resources and stability, and provide us with superior access to growth capital. We believe that the expected synergies arising from the merger, including expanded market presence in the important Northeast region as well as anticipated cost savings, will make the combined company well positioned for growth and success in 2014 and beyond."