2021-01-22 10:03:10 MNTK Montauk Renewables
01/22/21 01/2210:03 01/22/2110:03 | Montauk Renewables opens at $13, IPO priced at $8.50Montauk Renewables priced its initial public offering of 3,047,015 shares at a price of $8.50 per share. The shares are listed on Nasdaq and will have a secondary listing on the Johannesburg Stock Exchange and trade under the ticker symbol "MKR" beginning January 25. Roth Capital Partners is acting as sole manager of the offering. Montauk expects to use the proceeds to "fund the identification of, and diligence activities with respect to, potential new projects, which include evaluating new project sites, project conversions and strategic acquisitions." |
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