By Stephen Nakrosis
Energy efficiency and decarbonization solutions provider Energys Group expects its shares to begin trading April 1 on the Nasdaq Capital Market.
Shares will trade under the symbol ENGS.
The company said on Monday it priced 2.25 million shares in an initial public offering at $4.50 each, the low end of its expected price range of $4.50 to $6.50 per share. Gross proceeds from the offering totaled about $10.1 million before deducting underwriting discounts and other offering expenses.
Energys Group was founded in 1998 as an energy conservation consultancy, and has transitioned into a vertically integrated energy efficiency and decarbonization solutions provider, the company said. It serves customers in the private and public sectors, including schools, universities, hospitals and offices, primarily in the U.K.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 31, 2025 17:52 ET (21:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.