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Englewood, CO, United States, 2010/08/12 - Gevo, Inc., announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of shares of its common stock.
Gevo, Inc., a privately held renewable chemicals and advanced biofuels company, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of shares of its common stock. The shares of common stock to be sold in this offering are proposed to be sold by Gevo, Inc. and the number of shares to be offered and the price range of the offering have not yet been determined.
UBS Investment Bank and Goldman, Sachs & Co. will be acting as joint bookrunning managers, with Piper Jaffray acting as a co-manager for the offering. This offering will be made only by means of a prospectus. Copies of the preliminary prospectus for this offering may be obtained, when available, from the prospectus department of UBS Investment Bank, Attention: Prospectus Department, 299 Park Avenue, New York, New York 10171, via telephone at 1-888-827-7275; or from the prospectus department of Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, New York 10004, via telephone at 1-866-471-2526 or via fax at 212-902-9316.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall neither constitute an offer to sell nor a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Gevo seeks to develop capital efficient biorefinery systems to provide renewable, cost-effective building block products to the fuel and chemical industries. Gevo seeks to convert renewable raw materials into isobutanol and renewable hydrocarbons that can be directly integrated on a "drop in" basis into existing fuel and chemical products to deliver environmental and economic benefits. Gevo (gevo.com) is committed to a sustainable biobased economy that meets society's needs for plentiful food and clean air and water.
Contact: Sarah McCabe, Stern Investor Relations (investors) / P: 212-362-1200 / E: sarah[.]sternir.com.