The midstream water management company WaterBridge (WBI.US) applies for listing, adding fuel to the US IPO market.

Finance app Wisdom Financial has learned that midstream water management company WaterBridge Infrastructure submitted its initial public offering (IPO) application on Friday, highlighting a trend of the US new stock market gradually heating up. WaterBridge will be listed on the New York Stock Exchange and NYSE Texas under the stock symbol "WBI". JPMorgan Chase and Barclays Bank are the main underwriters for this issuance. The proceeds from this issuance will be used to repay debt and for other purposes.