Verenium Files $150 Million Shelf Registration
15 November 2007
Verenium Corporation—the cellulosic ethanol company formed by the merger of Celunol and Diversa (earlier post) has filed a universal shelf registration statement with the US Securities and Exchange Commission for the registration and potential issuance of up to $150 million of Verenium securities.
Verenium reported $49 million in revenue for 2006. As of 31 March 2007, the company reported cash, cash-equivalents and short-term investments of approximately $125.5 million.
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