adminBy Stephen Nakrosis
PreTam Holdings, which operates in the Chilean precast construction market, said on Friday it planned to offer 800,000 units in its previously announced initial public offering.
The company, which operates through its wholly owned operating subsidiary, Prefabricados Tambillos SpA, said the offering is expected to price between $4.35 and $6.35 per unit. Each unit will consist of one share of Class A common stock and one warrant to purchase a share of Class A common stock.
The company said it applied to list shares and warrants on the Nasdaq Capital Market under the ticker symbol PFAB and PFABW.
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