EECO News

Ecolomondo, which markets equipment that can recycle hydrocarbon waste into carbon black and oil, officially withdrew its plans for an initial public offering on Monday after agreeing to a reverse merger with Cortina Capital (TSVX: CCN.P) worth $22 million in January 2017. It had originally filed to raise $14 million by offering 2.0 million shares at a price range of $6.50 to $7.50...read more

Ecolomondo, which has developed equipment that can recycle hydrocarbon waste into carbon black and oil, announced terms for its IPO on Thursday. The Quebec, Canada-based company plans to raise $14 million by offering 2.0 million shares at a price range of $6.50 to $7.50. At the midpoint of the proposed range, Ecolomondo would command a market value of $155 million. ...read more