RAS shrimp farmer postpones IPO citing 'adverse market conditions'

The company needs money to build its first large-scale shrimp production facility in South Dakota

Michael Ziebell, president and CEO of Tru Shrimp, won't be taking his company public as previously planned. — Michael Ziebell, president and CEO of Tru Shrimp, won't be taking his company public as previously planned.Photo: Tru Shrimp

John Fiorillo

Published 10 February 2022, 15:35Updated 10 February 2022, 15:35

Tru Shrimp Recirculating Aquaculture Systems (RAS)Farmed shrimp