In California, Fulcrum Bioenergy has filed an S-1 registration statement for a proposed $115 million initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined. The company proposes to list under the symbol FLCM. UBS Investment Bank is the underwriter for the offering.
The company becomes the 12th industrial biotech company to file for an IPO in the 2010-11 biotech boom.
The company is currently ranked #45 in the world in the 50 Hottest Companies in Bioenergy. The rankings recognize innovation and achievement in fuels and are based on votes from a panel of invited international selectors, and votes from Digest subscribers.
The complete S-1 registration statement is here.
The Digest will publish its “Fulcrum’s $115M IPO: The Ten-Minute Version” on Monday, September 26 by 9AM Eastern time.
More background on the story from the Digest
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