The company is looking to list around June, and is undertaking a $20-25m placement with a valuation at IPO of around $120-125m.
Its Thermal Plasma Technologyplatform can be used in multiple high value applications,including:
(a) hydrogen and carbon production viamethane pyrolysis;
(b) PFAS water treatment and completecontaminant destruction;
(c) hazardous and toxic waste destruction;and
(d) waste to energy applications includingmunicipal solid waste, tyres andorganics.
Website: https://www.synergenmet.com/
Prospectus: https://events.miraqle.com/FormBuilder/_Resource/_module/mFbNAgDXH0SWhtEELMMwmQ/file/Synergen-Prospectus.pdf
Application link: https://events.miraqle.com/synergen-ipo/Country-Validation/?ReturnUrl=%2fsynergen-ipo%2fHome%2f
Any thoughts on this one? Isn't it overvalued with a valuation of $120-125m?
