Mascoma files for $100M IPO

In Massachusetts, Mascoma Corporation filed its S-1 registration statement relating to a proposed $100 million initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined, and the company has not indicated yet which exchange it will apply to for a listing of its shares.

The company is currently ranked #12 in the world in the 50 Hottest Companies in Bioenergy. Earlier this year, Mascoma took the #23 spot in the 2011-12 “30 Hottest Companies in Renewable Chemicals and Materials” rankings.  The rankings recognize innovation and achievement in fuels, and renewable chemicals or materials development, respectively, and are based on votes from a panel of invited international selectors, and votes from Digest subscribers.

Underwriters for the offering are Morgan Stanley & Co., UBS Securities, Credit Suisse Securities LLC, Robert W. Baird & Co. and Cannacord Gennuity Inc. are the underwriters.

The complete S-1 registration statement is here.

The Digest will publish its “Mascoma’s IPO: The Ten-Minute Version” on Tuesday, September 20 (tomorrow) by 9AM Eastern time.