24/7 WALL ST - Oct 27 - The company had a rocky series of filings, in which it lowered its initial expected price range of $10 to $12, to an expected price of $7 per share, and then to where it entered at $5 per share. The offering was for 5 million shares, with an overallotment option for an additional 750K shares. At this price, the entire offering is valued up to $28.75 million.
by Chris Lange
See full article at 24/7 Wall St.
Comments