Why Thunder landing NASDAQ one day in advance

Source: Internet
Author: User
Keywords Thunder issue price range Nasdaq underwriters
Tags ip ipo listed total

Previously, IPOScoop.com shows that Thunder will be listed on June 25, but at the time there was news that it would be postponed until June 30.

Prospectus said the Thunder to the United States listed issue price range of 9 to 11 US dollars per ADS, a total of 7.331 million copies were issued. At the same time Thunder has also granted the underwriters a 30-day, a total of 109.725 million additional placing options. In this calculation, Thunder will raise about 92.5 million US dollars the highest level of funding.

Prospectus also shows that Thunder Dragon CEO Zou Shenglong currently holds a stake of 12.6%. The millet Thunder IPO will hold 31.8%, as the largest shareholder.

JP Morgan Chase and Citigroup will serve as Thunder IPO underwriter.

This year is the year when Chinese companies went public in the United States. From the beginning of the year to the present, there have been Jingdong, Weibo, Cheetah, Leju and many other corporate IPOs, while the larger Alibaba IPO is expected to be conducted in August. (Easy to Branch)

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