Akastor ASA: HMH announces its intention to pursue US listing
Baker Hughes Company (BKR)
Company Research
Source: PR Newswire
FORNEBU, Norway, June 3, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that its subsidiary HMH Holding Inc. has submitted a confidential first draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of HMH Holding Inc.'s shares. This filing represents the first step of a possible US listing of HMH.The size and price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the completion of the SEC review process, which will likely be during the second half of 2024, subject to market and other conditions. There is no assurance that the initial public offering will be completed.A copy of HMH's announcement can be found on their webpage; www.hmhw.com. For further information, please contact:Øyvind PaaskeChief Financial OfficerTel: +47 917 59 705Oyvind.paaske@akastor.comTh
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