iposcoop website screenshot
[TechWeb] December 2nd news, the U.S. financial website iposcoop announced the U.S. stock market schedule shows that social applications unfamiliar street will be listed on the Nasdaq Stock Exchange in December 12th.
unfamiliar street for the first time in November 7th submitted an initial public offering (IPO) prospectus, completed in November 28th to submit the listing of materials, stock code "MOMO", the listing on the Nasdaq Stock Exchange, the Underwriters Morgan Stanley, Credit Suisse (Credit Suisse), JP Morgan, China Renaissance.
unfamiliar street plans to issue 16 million shares of American Depositary Shares (ADS), while giving the Underwriters the right to over allotment of shares of ADS, the highest public offering of IPO shares of 18 million 400 thousand ADS.
unfamiliar street issue price range of $ADS per share of $12.5 to $14.5, the issue price ceiling of $14.5 calculation, unfamiliar street plans to open financing $232 million, the highest public financing $266 million 800 thousand.
in addition to the planned public offering of equity financing of about $232 million, unfamiliar street will also to the Alibaba and the 58 city private placement issuance scale were $50 million and $10 million of new shares, the issuance price and the issue price of the same IPO.
if included in the Alibaba and 58 city contribution funds, the unfamiliar street IPO plans to raise the total will increase to $292 million, if the Underwriters exercise the full overallotment, total financing $326 million 800 thousand, market capitalization of about $2 billion 500 million. (small peak)