Meridian registers $78.75 million of stock, warrants for public sale

Bookrunner Joseph Gunnar helps fund capital expenditures, acquisitions

By Devika Patel

Knoxville, Tenn., Sept. 9 – Meridian Waste Solutions, Inc. will price a public offering of common shares and warrants with a 45-day greenshoe, according to a Form S-1 filed Friday with the Securities and Exchange Commission. The company has registered up to $78.75 million of stock.

Joseph Gunnar & Co. is the bookrunner.

Proceeds will be used for capital expenditures, tuck-in acquisitions, debt repayment and working capital.

The residential and commercial waste hauling company is based in Milton, Ga.

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