Vista Proppants and Logistics files IPO

Vista Proppants and Logistics Inc. filed preliminary public providing paperwork overdue Friday and is looking for $100 million, a not unusual position holder corporations use when first of all submitting with the Securities and Change Fee. Within the first 9 months of 2017 the corporate, which focuses on sand for oil and gasoline operations and comparable logistics, booked $32 million benefit on earnings of $185.eight million, up from internet source of revenue of $three.four million on gross sales of $90 million within the 12 months ancient times. Citigroup, Credit score Suisse and Piper Jaffray are main the deal, in step with SEC paperwork. The corporate plans to listing on Nasdaq underneath the ticker "VPRL."

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