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Perma-Fix Announces Partnership with Craig-Hallum for $22 Million Public Offering of Common Stock

Dec 18, 2024•over 1 year ago

Contract Type

partnership

Oak RidgeSustainabilityEventsHealth CareMedical

Description

Perma-Fix Environmental Services, Inc. has announced a partnership with Craig-Hallum for a $22 million public offering of common stock. The offering is intended to fund continued R&D and business development, ongoing facility cap-ex and maintenance costs, as well as general corporate and working capital purposes.

Company Information

Company

Perma-Fix Environmental Services

Location

Oak Ridge, Tennessee, United States

About

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of environmental remediation and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S. Department of Energy (DOE), the Department of Defense (DOD), and the commercial nuclear industry. The Company’s nuclear services group provides project management, waste management, environmental remediation, decontamination and decommissioning, demolition, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities nationwide.

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Strategic partnership established

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