Perma-Fix Environmental Services Launches Public Stock Offering

MT Newswires Live

05/15

Perma-Fix Environmental Services (PESI) said Friday it has launched an underwritten public offering of common stock.

The company said proceeds from the offering are expected to help fund capacity upgrades at its Perma-Fix Northwest Richland facility, continued development of its patent-pending Perma-FAS technology for destroying PFAS chemicals, and general corporate purposes.

Perma-Fix said the offering remains subject to market conditions, and the final size and terms have not yet been determined.

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