German battery systems maker Akasol said it priced its stock market listing at the bottom of an indicative price range, at 48.50 euros ($56.08) apiece, reaping 100 million euros from the deal. Akasol is planning to use the proceeds from the initial public offering to double production facilities at its German site Langen by 2020, set up a greenfield factory in the United States and build a research and development plant near its Darmstadt headquarters.