Ramaco (METC) Launches IPO of 6M Shares at a Price of $12-$15
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Ramaco Resources, Inc. Announces Launch of Initial Public Offering
January 23, 2017 6:17 AM ESTLEXINGTON, Ky., Jan. 23, 2017 (GLOBE NEWSWIRE) -- Ramaco Resources, Inc. (NASDAQ: METC) (Ramaco) announced today that it has launched an initial public offering of 6,000,000 shares of its common stock at an anticipated initial offering price between $12.00 and $15.00 per share pursuant to a registration statement on Form S-1 filed previously with the Securities and Exchange Commission (SEC). Ramaco is offering 3,800,000 shares of its common stock and the selling stockholders named in the registration statement (the Selling Stockholders) are offering 2,200,000 shares of Ramacos common stock. In addition, the Selling Stockholders intend to grant the underwriters a 30-day option... More
