In July 2019, Sunnova completed its initial public offering ("IPO"), selling over 14 million shares of common stock for $12 per share. On August 19, 2019, Sunnova revealed a $85.3 million net loss for a six month period ending on June 30, 2019, compared with $22.7 million loss in the prior year period. Following this news, Sunnova stock dropped 0.85 per share, roughly 8%, to close at $10.36 on August 20, 2019.