Now, the company, which serves the mining, waste management and oil and gas industries, filed paperwork to sell 7 million shares at a price between $8 and $10 per share.
GSE expects earn about $56.6 million from the offering, which it will use to pay back debt and for general corporate purposes. This is a large drop from the company’s previous initial public offering filing in July, which estimated the offering would raise up to $148.8 million.
GSE plans to trade on the New York Stock Exchange under the ticker symbol “GSE.” For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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