Biomicrogels Group eyes Nasdaq IPO in 2023-24

  • 12/16/2021
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Biomicrogel Group, an innovative company co-founded by Russian entrepreneur Andrey Elagin who is now its director general, said on Thursday it is seeking an initial public offering (IPO) at Nasdaq in 2023-2024. The company was established in 2012 by a team of engineers who developed technology for removing oils, petroleum products and other integrated pollutants from water and hard surfaces. Biomicrogels, which has offices in Great Britain, Russia, China and Poland, did not indicate the possible size of the listing. Reporting by Olga Popova; writing by Vladimir Soldatkin; Editing by Kirsten Donovan Our Standards: The Thomson Reuters Trust Principles.

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