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Newly-formed Uranium Trading files for a $58 million IPO


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Uranium Trading, a newly-formed vehicle to invest in the civil uranium market, filed on Friday with the SEC to raise up to $58 million in an initial public offering.

The El Segundo, CA-based company was founded in 2018 and plans to list on the NYSE American under the symbol UTC. B. Riley FBR is the sole bookrunner on the deal. No pricing terms were disclosed.

The article Newly-formed Uranium Trading files for a $58 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs



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