Mission NewEnergy Limited (MNEL) IPO Prices at $9, Below Expected Range
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Mission NewEnergy Limited (NASDAQ: MNEL) priced its initial public offering of 2,785,000 ordinary shares at a public offering price of $9.00 per share, below the expected $10-$12 range. The shares will begin trading today on the NASDAQ Global Market under the symbol "MNEL".
Chardan Capital Markets, LLC and Rodman & Renshaw, LLC, are acting as joint book-running managers for the offering.
Mission NewEnergy Limited is a global provider of sustainable, renewable energy. Operating in Malaysia, India, Australia and North America, Mission NewEnergy is an integrated biodiesel producer and one of the world’s largest Jatropha plantation companies.
Chardan Capital Markets, LLC and Rodman & Renshaw, LLC, are acting as joint book-running managers for the offering.
Mission NewEnergy Limited is a global provider of sustainable, renewable energy. Operating in Malaysia, India, Australia and North America, Mission NewEnergy is an integrated biodiesel producer and one of the world’s largest Jatropha plantation companies.
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