: Elephant Oil to offer 1.8 million units in IPO, priced at $4.15 to $5.15 each


Elephant Oil Corp., an African oil drilling company, set terms for its initial public offering on Friday with plans to offer 1.8 million units, priced at $4.15 to $5.15 each. The company has applied to list on Nasdaq, under the ticker “ELEP.” Spartan Capital Securities LLC is sole bookrunner on the deal. Proceeds will be used to find oil and drilling activities and for working capital and general corporate purposes.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Ford stock falls, set to snap record win streak in wake of Tesla price cuts
Next article: A new Sriracha? The big food trends of 2023 include a spicy Japanese condiment


Please enter your comment!
Please enter your name here