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Elevance Renewable Sciences (ERSI) Files $100M IPO

September 21, 2011 6:43 AM EDT
Elevance Renewable Sciences, Inc. (Nasdaq: ERSI), 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 $100 million. Elevance filed to list on the Nasdaq Global Market under the ticker "ERSI."

The offering is being made through Morgan Stanley, J.P. Morgan, Jefferies, Piper Jaffray, and Raymond James.

Elevance produces high performance specialty chemicals and intermediate chemicals from renewable natural oils.


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