Duoyuan Global Water, a leading China-based water treatment equipment supplier, filed with the SEC for an initial public offering on Monday. The Beijing-based company, which was founded in 1992 and booked $92 million in sales over the last 12 months, plans to raise $70 million by offering 5 million ADSs at a range of $13-$15. The company plans to list on the NYSE under the ticker symbol "DGW". Piper Jaffray is the lead underwriter on the deal, which is expected to price during the week of June 22.
