Basin Water, a builder of systems for the treatment of contaminated groundwater, plans to offer 5.0 million shares at a range of $8 to $10. Assuming the stock prices at the midpoint, the Rancho Cucamonga, CA-based company will have an initial market capitalization of $177 million. Janney Montgomery Scott, A.G. Edwards and Canaccord Adams will underwrite the deal. Timing has yet to be determined.
