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ST Energy Transition prices $250M IPO, trading starts today

  • ST Energy Transition I (NYSE:STET.U) priced 25M Stakeholder Aligned Initial Listing, or SAIL security, at $10/SAIL security; underwriters granted 45-day option to purchase up to 3.75M additional SAIL securities.
  • The SAIL securities will be listed on NYSE and trade under the ticker symbol “STET.U” commencing Dec. 3, 2021.

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