in this issue
People & Business :: Earnings/Finance
BioAmber prices IPO
12:06 PM MDT | May 10, 2013 | Rebecca Coons
Biobased succinic acid producer BioAmber (Minneapolis) says company shares began trading on the New York Stock Exchange (NYSE) today at $10/unit—the low end of a pricing range that had already been slashed by a third. Each of the 8,000,000 shares of the initial public offering included 1 warrant to purchase half of 1 share of common stock at an exercise price of $11/share. BioAmber originally filed in November 2011 for an IPO worth up to $150 million. The units began trading today on the NYSE under the symbol BIOAU. The common stock and warrants...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee