Climate-tech startup Redaptive withdraws IPO
San Francisco-based Redaptive Inc. has scrapped plans to become public, according to a filing late Wednesday. The startup, which funds and installs energy-saving and energy-generating products in commercial buildings, filed for an initial public offering a year ago. As customary, the filing withdrawing the application did not detail reasons for the withdrawal. The company filed to sell $100 million worth of shares.
(END) Dow Jones Newswires
November 23, 2022 16:18 ET (21:18 GMT)
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