Solvex Edibles’ initial public offering closed. Investor response was tepid. The company’s shares are listing today. The grey market premium held flat at zero percent. This suggests limited listing day excitement. The issue received 1.02 times subscription overall. Retail portion subscription was 0.73 times. Solvex Edibles makes rice bran oil and by-products.
Solvex Edibles’ initial public offering closed. Investor response was tepid. The company’s shares are listing today. The grey market premium held flat at zero percent. This suggests limited listing day excitement. The issue received 1.02 times subscription overall. Retail portion subscription was 0.73 times. Solvex Edibles makes rice bran oil and by-products. Read More