Digital advertiser Acquity Group Ltd. said it now estimates the initial public offering price to be between $8.00 and $10.00 per ADS. The company is offering 9.56 million of its ordinary shares in the form of ADSs and the selling shareholders named in the prospectus are selling 1.56 million ordinary shares in the form of ADSs.
Acquity Group noted that it will not receive any proceeds from the sale of the ADSs by the selling shareholders. The ADSs may be evidenced by American depositary receipts, or ADRs, and each ADS represents two ordinary shares, par value $0.0001 per ordinary share.
Acquity Group has applied to have the ADSs listed on the New York Stock Exchange, or the NYSE, under the symbol "AQ".
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.