Aqua Metals registers $34.5 million of stock for initial public sale

Bookrunner National Securities raises funds for a recycling facility

By Devika Patel

Knoxville, Tenn., June 9 – Aqua Metals, Inc. will price its initial public offering of common shares with a greenshoe, according to a form S-1 filed Tuesday with the Securities and Exchange Commission. The company has registered up to $34.5 million of stock.

National Securities Corp. is the bookrunning manager.

Proceeds will be used to construct a lead recycling facility near Reno, Nev., for tenant improvements and equipment, patent filings and general working capital.

The lead recycling company is based in Oakland, Calif. The company intends to list its common stock on the Nasdaq stock exchange under the symbol “AQMS.”

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.