logo
Share SHARE
FONT-SIZE Plus   Neg

Acquity Group Prices IPO Of 5.5 Mln ADS At $6/ADS - Quick Facts

Acquity Group Limited (AQ: Quote) announced the pricing of its initial public offering of 5.55 million American depositary shares or "ADS" at a price to the public of $6.00 per ADS. The ADSs are expected to commence trading on the NYSE AMEX on April 27th, 2012 under the symbol "AQ."

The underwriters have an option, exercisable for 30 days from April 26th, 2012, to buy up to an additional 833,333 ADSs from the company at the initial public offering price. Citigroup Inc. and Oppenheimer & Co., Inc. acted as lead underwriters. William Blair & Company and First Analysis Securities Corp. acted as co managers in the offering.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
US Steel Corp. (X) Tuesday said it will "adjust operations" and temporarily idle a part of its Minntac plant in Mt. Iron, Minnesota, effective June 1. According to reports, the move would see about 700 employees laid off. The company said the decision was due to its current inventory levels and ongoing... Hewlett-Packard Co. (HPQ) has filed a lawsuit against Michael Lynch, the co-founder of Autonomy Corp., and its former Financial Chief Sushovan Hussain for a whopping $5.1 billion alleging that the executives misrepresented the financial situation of Autonomy. An HP's spokeswoman confirmed that the... Nine acres of green grass with 400 trees and a half-mile-long walk way. We are not talking about any park, but the expansive rooftop of Facebook's new office. The 430,000 square feet office is a single room and it might be the largest open floor plan in the world.
comments powered by Disqus
Follow RTT