GSE Holding Inc IPO stock symbol

GSE Holding Inc IPO stock symbol : GSE Holding Inc. revised its initial public offering with the U.S. Securities and Exchange Commission. In December, the Houston-based geosynthetic containment solutions company, postposed its IPO due to market conditions.

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