CopperTech Will Miss $3B Valuation Target at IPO

CopperTech will not land a first-day market cap between $3 billion and $3.6 billion. The company launched its roadshow on June 23 and is offering 23,529,412 shares with an anticipated price range of $16 to $18 per share. Vedanta will indirectly hold approximately 88.1% of the common stock, which wi…