Biofuel Developer Enerkem (NRKM) Files $125M IPO

February 6, 2012 2:16 PM EST
Enerkem Inc. (Nasdaq: NRKM) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $125 million. Enerkem plans to list on the Nasdaq Global Market under the ticker, "NRKM."

The offering is being made through Goldman, Sachs & Co., Credit Suisse, and BMO Capital Markets.

Enerkem develops renewable biofuels and chemicals from waste using its proprietary thermochemical technology platform.


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