Methes Energies International Closes 560K Unit IPO
Methes Energies International (NASDAQ: MEILU) today announced the closing of its initial
public offering of 560,000 units at an initial public offering price of
$5.00 per unit. Net proceeds from the offering were approximately $2.3
million, after deducting the underwriting discount and estimated
offering expenses payable by the Company.
The Methes units, each consisting of one share of common stock, one
Class A redeemable common