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Rothe Development files IPO to raise working capital amid $635 million backlog

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  • Rothe Development filed for an IPO to raise working capital.
  • The company has a $635 million government contract backlog through 2025.
  • IPO proceeds would partly repay an acquisition note personally guaranteed by the CEO.
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Rothe Development files IPO to raise working capital amid $635 million backlog - CoinPost Terminal