Where to, 28.35 dollars, 89% higher than the IPO price.

Source: Internet
Author: User
Keywords IPO price rose first day
Tags exchange financing financing amount higher higher than ipo market

Where to? October 1, the Securities and Exchange Commission (SEC) submitted a prospectus, financing 125 million of dollars. October 19, where to go the issuance interval was determined to be 9.5 to 11.5 dollars per share, and the financing amount was raised to $147 million. At the end of October, where to renew the prospectus, raise the IPO price to 121.4 billion U.S. dollars, raise the amount to 156 million U.S. dollars.

Yesterday afternoon, where to announce the final price of 15 dollars. According to this issue price, where the amount of financing to reach 167 million U.S. dollars, if the underwriters exercise the right to excess placements, the amount of financing will be raised to 192 million U.S. dollars.

The heat of the capital market goes all the way to where to open a deal, where to go today. The offer is 28.35 U.S. dollars, up 89% from the IPO price. In this calculation, where the market value reached 3.19 billion U.S. dollars. Yesterday stock market in early, where to go to the highest prices have been to 34.99 U.S. dollars, the increase than the price of more than 130%.

According to the information disclosed by the prospectus, where to go after the IPO, where founder, CEO Zhungchengsu holds 6.49% of the shares, calculated at the price of more than 109 million U.S. dollars.

Institutional investors, according to the issue price, after the listing, to where the largest shareholder Baidu held 54.82% of the shares, worth 926 million of dollars, and June 2011 Baidu Investment where the cost of 306 million U.S. dollars, more than twice times a year. In addition, the value of the shares held by the Jinsha River venture capital and GGV is about USD 95.13 million and USD 68.78 million respectively.

Where did you go yesterday evening CEO Zhungchengsu in the media, said that the financing of IPOs will be used for mergers and acquisitions and other strategic implementation, and the acquisition direction will remain focused on the tourism sector.

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