Ramaco Resources, a recently-formed metallurgical coal provider with reserves in Appalachia, announced terms for its IPO on Monday. The Lexington, KY-based company plans to raise $81 million by offering 6.0 million shares (37% insider) at a price range of...read more
CNX Coal Resources, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, raised $75 million by offering 5 million shares at $15, as expected. Hedge fund Greenlight Capital will purchase an additional 5 million shares at the same price...read more
As many as 8 companies could go public in the US during the shortened holiday week. The week's three high-growth health care IPOs that are on the IPO calendar should receive the...read more
CNX Coal Resources LP, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, lowered the proposed deal size for its upcoming IPO on Friday. The Canonsburg, PA-based company now plans to raise $120 million by offering 8.0 million...read more
Canary in a coal mine: IPO market sees Ramaco Resources set terms for $81 million offering
Ramaco Resources, a recently-formed metallurgical coal provider with reserves in Appalachia, announced terms for its IPO on Monday. The Lexington, KY-based company plans to raise $81 million by offering 6.0 million shares (37% insider) at a price range of...read more
CNX Coal Resources prices IPO at $15, as expected
CNX Coal Resources, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, raised $75 million by offering 5 million shares at $15, as expected. Hedge fund Greenlight Capital will purchase an additional 5 million shares at the same price...read more
Week ahead: Get ready for a dose of high-growth health care with 8 IPOs
As many as 8 companies could go public in the US during the shortened holiday week. The week's three high-growth health care IPOs that are on the IPO calendar should receive the...read more
Cut-rate coal: CNX Coal Resources LP drops proposed IPO price to $15; now offers a 14% yield
CNX Coal Resources LP, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, lowered the proposed deal size for its upcoming IPO on Friday. The Canonsburg, PA-based company now plans to raise $120 million by offering 8.0 million...read more