12 June 2013 10:56 [Source: ICIS news]
LONDON (ICIS)--US-based renewable chemicals firm BioAmber on Wednesday said it has been given permission by the French Financial Markets Authority to list its common stock on the "Professional Segment" of the regulated market of the NYSE Euronext exchange in Paris.
BioAmber’s common stock will start trading on the NYSE Euronext Paris on 11 June at 09:00 central European time under the symbol “BIOA,” and will be denominated in euros.
On 14 May, BioAmber closed an initial public offering (IPO) on the New York Stock Exchange of 8m units consisting of one share of common stock and one warrant to purchase half of one share of common stock at $10.00 (€7.50) per unit, before underwriting discounts and commissions.
The IPO had started trading on 10 May under the symbol “BIOA.U”.
BioAmber is focused on converting renewable feedstocks into chemicals such as succinic acid and 1,4-butanediol.
($1 = €0.75)
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