Stealthgas, the Vafias family’s entrée into the US capital markets, has avoided the heavy price discounting seen in other recent initial public offerings and will list at $14.50 per share.
Stealthgas today priced at the lower end of its $14 to $16 range but did not have to cut its price target. In addition the company managed to increase the number of shares being sold by 4%.
Stealthgas
