Renergen Prepares for Possible Nasdaq IPO and Equity Raise
- Feb 1, 2023
- 1 min read
Renergen is preparing for a potential initial public offering of American Depositary Shares (ADSs) and a listing on the Nasdaq Stock Market this year, subject to market and other conditions. The company confidentially submitted a draft registration statement on Form F-1 to the Securities and Exchange Commission (SEC) in late 2022 and is seeking approval to issue additional shares by way of a specific issue of shares for cash. The timing, number of ordinary shares represented by ADSs to be offered and their price in the IPO have not yet been determined.
