Onterris, Inc.

Onterris, Inc. (MEG) priced its initial public offering on Jul 23, 2020 at $15.00 per share, raising $150M, and listed on NYSE. At the IPO price its market capitalization was about $313.7M. BofA Securities was lead-left underwriter, joined by William Blair, Capital One and Stifel and others. Gibson Dunn advised the company and Wilson Sonsini advised the underwriters.

Onterris, Inc. is an environmental services company founded in 2012 that helps clients meet environmental and sustainability goals. It operates in three segments: assessment, permitting and response; measurement and analysis; and remediation and reuse, including treating PFAS-contaminated water and removing soil contaminants.

Status

IPO

Ticker

MEG

Exchange

NYSE

Priced

Jul 23, 2020

IPO price

$15.00

Raised

$150M

Market cap at IPO price

$313.7M

First filed

Jun 29, 2020

Underwriters

BofA Securities, William Blair, Capital One, Stifel and Needham

Company counsel

Gibson Dunn

Underwriters' counsel

Wilson Sonsini

Sector

Business services

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.