The Time is Now Right – BKV Launches IPO Hoping to Raise $315M
Earlier this year, the Wall Street Journal published an article about BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu, Thailand’s largest coal mining company (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). The article pulled the curtain back to give us a better view of what happened with the company’s aborted plan to launch an initial public offering in 2023 (see BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices). Not long after the WSJ article, BKV CEO Chris Kalnin said his company was still very interested in an IPO and would move forward when the time is right (see BKV Still Planning to Launch an IPO – When the Time is Right). The time is now right.
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