PetroShare, an oil and gas E&P operating in Colorado's Denver-Julesburg Basin, withdrew its plans for an initial public offering on Tuesday. It had filed to raise $28 million by offering 6 million shares at a price range of $4.63 to $4.63.
The Centennial, CO-based company was founded in 2012 and had planned to list on the NYSE MKT under the symbol PRHR. Roth Capital was set to be the sole bookrunner on the deal.
