Air and water purification system provider Birchtech changes deal terms ahead of $20 million NYSE American uplisting
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Birchtech, a provider of air and water purification systems, has revised its IPO terms, now aiming to raise $20 million by offering 5.4 million shares at $3.67 each, up from 4.8 million shares at $4.15. The company, which focuses on mercury capture technology and addressing PFAS in water, will have a market value of $92 million post-offering. Birchtech plans to list on the NYSE American as BCHT, with Lake Street Capital Markets and Huntington Investment as joint bookrunners.
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