Filed by Vivint Solar, Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company:
Vivint Solar, Inc.
(SEC File No.: 001-36642)
Date:
July 7, 2020
The following communication was made by Vivint Solar, Inc. beginning on July 7, 2020.
Sunrun Investor Call
The
following is the transcript of a joint investor conference call with participants from Sunrun and Vivint Solar on July 7, 2020:
Sunrun
Business Update
Call
July 7, 2020
Presenters
Patrick Jobin, Investor Relations
Lynn Jurich, Sunrun Co-Founder, CEO
Ed Fenster, Sunrun Co-Founder, Executive Chairman
Tom vonReichbauer, Sunrun CFO
David Bywater,
Vivint Solar CEO
Q&A Participants
Brian Lee Goldman Sachs
Julien Dumoulin-Smith
Bank of America
Michael Weinstein Credit Suisse
Katherine Blunt Wall Street Journal
Mark
Strauss JP Morgan
Brian Eckhouse Bloomberg News
Philip Shinn/Chris McClaron Wealth Capital Partners
Sophie Karp KeyBanc
Elio Georgio
UtilityDive
Moses Sutton Barclays
Colin
Rusch Oppenheimer
James Sperling Walleye Capital
Operator
Greetings and welcome to the Sunrun acquisition
of Vivint Solar Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference call, please press Star
0 on your telephone keypad.
As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Patrick Jobin of
Investor Relations.
Patrick Jobin
Thank you,
Operator. Yesterday evening, Sunrun announced it had entered into an agreement to acquire Vivint Solar. The details of this transaction can be found in the press release issued at approximately 10pm eastern time yesterday, along with an 8-K filed with the SEC.
Before we begin, you should be aware that our discussion and responses to your questions may
contain forward-looking statements related to Sunrun, Vivint Solar, and the acquisition of Vivint Solar that involve substantial risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or
implied by such statements. All statements other than historical facts included in our discussion, including but not limited to statements regarding the timing and closing of the transaction, the potential benefits and financial impact of the
transaction, Sunruns and Vivint Solars plans, objectives, expectations, and intentions and financial condition, results of operations in business of Sunrun and Vivint Solar, and any assumptions underlying any of the foregoing are
forward-looking statements.