Tech Company Inital Public Offerings
AquaVenture Holdings IPO
AquaVenture Holdings, based in Tampa, debuted as a public company on 10/5/2016.
Transaction Overview
Company Name
Announced On
10/5/2016
Transaction Type
IPO
Amount
$117,000,000
Proceeds Purpose
In September 2016, we entered into a purchase and sale agreement to acquire all of the outstanding shares of ADB and all of the rights and obligations under a design and construction contract for a desalination plant and related infrastructure located in Peru. We currently intend to use approximately $45 million, subject to adjustments, of the net proceeds that we will receive from this offering to fund this acquisition. We currently intend to use the remainder of the net proceeds that we will receive from this offering for working capital and other general corporate purposes. We have broad discretion as to the application of the proceeds used for working capital and other general corporate purposes. We may use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies or other assets. As part of our expansion strategy, we may acquire complementary businesses. For our Seven Seas Water business, we may seek to acquire
Company Information
Company Status
Publicly-held
Industry
Clean Tech
Mailing Address
14400 Carlson Cir.
Tampa, FL 33626
USA
Tampa, FL 33626
USA
Phone
Website
Email Address
Overview
AquaVenture Holdings (NASDAQ: WAAS) operates water purification and wastewater treatment businesses.
Management Team
Title
Name
Email & Social
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