Ramaco, which is coal-mining company with reserves in Appalachia and Wyoming, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The company has not yet selected underwriters.
The Lexington, KY-based company was founded in 2011 and booked $1 million in sales for the 12 months ended September 30, 2016. It plans to list on the Nasdaq under the symbol METC. No pricing terms were disclosed.
