PreTam Holdings, which makes and sells precast concrete products in Chile, filed on Thursday with the SEC to raise up to $17 million in an initial public offering.
PreTam develops, manufactures, markets, sells, and installs a broad array of precast concrete products and systems for use primarily in the housing, commercial development, and mining industries. The company operates in the Chilean residential and commercial construction sector.
The Coquimbo, Chile-based company was founded in 2018 and booked $8 million in revenue for the 12 months ended December 31, 2022. It plans to list on the Nasdaq under the symbol PFAB. Maxim Group LLC is the sole bookrunner on the deal. No pricing terms were disclosed.
