Core Viewpoint - Birchtech, a supplier of air and water purification systems, has adjusted its IPO pricing to $3.67 per share, aiming to raise $20 million through the issuance of 5.4 million shares [1] Company Overview - Birchtech specializes in air and water purification technologies, focusing on proprietary activated carbon solutions [1] - The company provides mercury emission capture solutions for coal utility sectors using its patented SEA process, currently utilized by 16 power generation units in the U.S. [1] - Birchtech is also targeting the drinking water market with innovative adsorbent technologies to address issues related to PFAS and other persistent chemicals [1] IPO Details - The company plans to list on the New York Stock Exchange under the ticker symbol "BCHT" [1] - The initial filing indicated a higher price of $4.15 per share for 4.8 million shares, showing a strategic adjustment in their fundraising approach [1] Legal Considerations - Birchtech has initiated patent litigation against multiple parties since 2019, claiming that a significant number of coal-fired power plants in the U.S. are infringing on its patented SEA technology [1]