Ranmarine Technology B.V. To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
RanMarine Technology B.V. (NASDAQ:RAN) is set to begin trading on NASDAQ on April 12, with an IPO price of $5.50 per share. The company, an early-stage cleantech firm, specializes in autonomous surface vessels (ASVs) aimed at removing pollutants and collecting water quality data. An insider lock-up period is set for 180 days, ending on October 09, 2024.
April 11, 2024 | 3:00 pm
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RanMarine Technology B.V. is launching its IPO on NASDAQ, offering shares at $5.50 with a focus on cleantech autonomous vessels for water purification.
The IPO of RanMarine Technology B.V. represents a significant milestone for the company, potentially increasing its market visibility and attracting investors interested in cleantech and sustainable technologies. The focus on autonomous surface vessels for environmental purposes could appeal to a growing segment of environmentally conscious investors, likely leading to a positive short-term impact on the stock price.
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