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Bloom Energy Corp. has set the terms of its initial public offering, seeking to sell 18 million shares between $13 and $15 a piece to raise up to $252 million, according to a filing Monday. Bloom, a clean-energy "unicorn," or a privately held startup valued at more than $1 billion, had filed the initial paperwork last month with a placeholder amount of $100 million. The Sunnyvale, Calif., company hopes to trade on the New York Stock Exchange under the ticker symbol BE. Underwriters include J.P. Morgan, Morgan Stanley, and Credit Suisse.
As it prepares for its IPO, Bloom Energy faces questions about why it paid millions in a settlement to investors.
As it prepares for its IPO, Bloom Energy faces questions about why it paid millions in a settlement to investors.
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