IPO News Archive

AutoNavi Holdings prices IPO at $12.50, at high end of the range

6/30/10


AutoNavi Holdings, which licenses digital map content for navigation and location-based services in China, raised $108 million on Wednesday by offering 8.6 million shares at $12.50, at the high end of the proposed $10.50 to $12.50 range. AutoNavi Holdings is expected to begin trading Thursday on the NASDAQ under the symbol AMAP. Goldman Sachs (Asia) L.L.C. acted as lead manager on the deal.

Keywords/Tickers: AMAP
Source: www.RenaissanceCapital.com
blog comments powered by Disqus
Attribution Policy: The information contained herein is proprietary and copyrighted. The media is welcome to use our information and ideas, provided that the following sourcing is included: Renaissance Capital, Greenwich, CT (www.renaissancecapital.com).
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital and/or the Global IPO Fund (symbol: IPOSX) may have investments in securities of companies mentioned.
Invest in Global IPO Fund
About Fund Prospectus Invest