Thursday, January 19, 2012
Trellis Earth Products hopes to start selling shares next month, to become Oregon's first IPO in over seven years.
The Wilsonville-based company on Wednesday said it will start selling shares to the public on Feb. 20, barring any regulatory holdups from the U.S. Securities and Exchange Commission.
Oregon hasn’t had an initial public offering since Dec. 16, 2004, when Beaverton’s Cascade Microtech Corp. began trading on the Nasdaq exchange. Several Oregon companies have filed paperwork for IPOs.
It wants to raise $8 million in its IPO, which it initially filed for last September.
Read more at Sustainable Business Oregon.