REG Announces Pricing of IPO

Cindy Zimmerman

REG is ready to go public.

Renewable Energy Group has announced the pricing of its initial public offering of 7,200,000 shares of common stock at a price to the public of $10.00 per share.

The shares are expected to begin trading on The Nasdaq Global Market on January 19, 2012 under the symbol “REGI.” Of the shares of common stock in the offering, Renewable Energy Group is offering 6,857,140 shares and selling stockholders are offering 342,860 shares. In addition, Renewable Energy Group has granted the underwriters a 30-day option to purchase up to 1,080,000 additional shares of common stock to cover over-allotments, if any.

Additional details available from the REG website.

Biodiesel, REG