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Alternative energy company KiOR files for $100 million IPO

April 11, 2011

KiOR, Inc., which operates a proprietary platform that converts non-food biomass into hydrocarbon-based oil, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Pasadena, TX-based company, which was founded in 2007 and has yet to generate revenue, plans to list on the NASDAQ under the symbol KIOR. Credit Suisse, UBS Investment Bank and Goldman, Sachs & Co. are the lead underwriters on the deal. No pricing terms were disclosed.