New Fortress Energy LLC Announces Definitive Offering Terms for Initial Public Offering

Business Wire

January 25, 2019

NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ: NFE) (“New Fortress” or the “Company”) announced today that following its recent nine-day roadshow, it has filed an amendment to its registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the definitive offering terms of its initial public offering of Class A shares representing limited liability company interests in New Fortress (the “Class A shares”). New Fortress is offering 20,000,000 Class A shares at an initial public offering price of $15.00 per share. New Fortress expects to enter into an underwriting agreement in connection with the effectiveness of the registration statement on those deal terms. In addition, New Fortress intends to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 Class A shares at the initial public offering price, less underwriting discounts and commissions. The Class A shares have been approved for listing on the Nasdaq Global Select Market under the ticker symbol “NFE.”

 Click here for full article