NFE News
Archived Headlines
- US IPO Weekly Recap: New Fortress Energy launches first IPO of 2019 as IPO Index soars 01/18/19
- An NBA owner and an NHL owner are the first to tap the 2019 IPO market 01/17/19
- Integrated gas-to-power company New Fortress Energy sets terms for $400 million IPO 01/14/19
- Natural gas and logistics company New Fortress Energy files for a $100 million IPO 11/09/18
US IPO Weekly Recap: The SEC opens and New Fortress Energy is first through the door
With the government shutdown temporarily over, the SEC opened on Monday and IPO launches began to trickle onto the calendar, including billion-dollar biotech Alector (ALEC) and Virgin Trains USA (VTUS) . The first IPO...read more
New Fortress Energy breaks issue; year's first IPO down -6.6% on debut
The year's first IPO, New Fortress Energy (NFE), went public at $14, below its proposed price, and finished its Thursday at $13.07 per share, a first-day return of -6.6%. The Fortress-backed owner of LNG liquefaction and regasification facilities raised...read more
US IPO Weekly Recap: Gossamer Bio launches 20-day IPO, with more IPOs coming
IPO lawyers got creative this week, as multiple deals filed prospectuses that rely on a rarely-used rule in order to bypass the closed SEC. That rule allows companies to file with a fixed IPO price and go effective 20 days later. That route adds new risks, both...read more
US IPO Week Ahead: New Fortress Energy vs shutdown in 1-IPO week
Just one IPO is scheduled for the week ahead. Liquefied natural gas (LNG) company New Fortress Energy (NFE) is alone in braving the IPO market during the government shutdown, which has caused the SEC to operate with very limited staff....read more