Snap, crackle, pop! Just like that, TXO Energy Partners L.P. (TXO proposed) set terms early today (Wednesday, Jan. 18, 2023) for its $100 million IPO – 5 million units at a $19.00-to-$21.00 price range. The Fort Worth, Texas-based oil and natural gas limited partnership’s IPO is expected to price late next week. (See our IPO Calendar.)
Raymond James and Stifel are the lead joint book-runners, with Janney Montgomery Scott and Capital One Securities on the joint book-running team.
The Street expected that the IPO pipeline would heat up after the Martin Luther King, Jr., holiday on Monday.
Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board.
To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message.
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