Line (LN) IPO nearly 25 times oversubscribed - Nikkei
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
LINE Announces Pricing of Initial Public Offering
July 11, 2016 4:06 PM EDTTOKYO--(BUSINESS WIRE)-- LINE Corporation (LINE or the Company) (NYSE: LN; TSE: 3938) today announced the pricing of its initial public offering of 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares (ADSs) offered in the United States and elsewhere outside Japan at a price to the public of ¥3,300 per share or $32.84 per ADS and 13,000,000 shares of common stock offered in Japan at a price to the public of ¥3,300 per share. The total offering size is approximately ¥115.5 billion, assuming the underwriters do not exercise their option to... More
