July 19, 2024

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By Val Kennedy,

Lithium battery maker Expion360 (XPON) said it intends to raise around $18M through an initial public offering amid heightened investor interest in green energy solutions.

The Oregon-based company said in a filing that it plans to offer 2.2M shares priced in the range of $7 to $9 per share. Underwriters will be given an option to purchase up to 323K additional shares to cover any overallotments.

Expion360 plans to list its shares on Nasdaq under the symbol XPON. Paulson Investment and Alexander Capital are serving as joint bookrunners.

The company said it expects to receive net proceeds of around $15.3M from the deal, if the underwriter’s option is exercised in full and...

IPO Initial Public Offering

By Val Kennedy


Artiva Biotherapeutics (ARTV), which is developing cell-based therapies to treat cancer, has filed to hold an initial public offering on...


By Renaissance Capital,

SaverOne 2014, which is developing an electronic system that blocks cellphone use while driving, filed on Monday with the SEC to raise up to $12 million in an initial...

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