Four Seasons Education (FEDU) Prices 10.1M Share IPO at $10/Sh
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Four Seasons Education Announces Pricing of Initial Public Offering
November 8, 2017 6:00 AM ESTSHANGHAI, Nov. 8, 2017 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading after-school math education service provider for elementary school students in Shanghai, today announced the pricing of its initial public offering of 10,100,000 American depositary shares ("ADSs") at a price to the public of US$10.00 per ADS for a total offering size of US$101 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each two ADSs represents one ordinary share. The ADSs are expected to begin trading... More
