Icon Energy Corp. (ICON) has released an update.
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Icon Energy Corp., an international dry bulk cargo transportation firm, has announced the pricing of its $5 million Nasdaq IPO at $4 per share, with the possibility of a 45-day over-allotment option for underwriters. The company plans to utilize the IPO proceeds for general corporate purposes, including capital needs and fleet expansion. The public offering is slated to close on July 15, 2024, following the commencement of trading on Nasdaq under the ticker ‘ICON’.
For further insights into ICON stock, check out TipRanks’ Stock Analysis page.