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CooTek prices initial public offering

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Rocketstockpix   Saturday, 09/29/18 03:54:56 PM
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CooTek prices initial public offering
Sep. 28, 2018 4:32 AM ET|About: CooTek (CTK)|By: Niloofer Shaikh, SA News Editor
CooTek (NYSE:CTK) has priced its initial public offering of 4.35M American Depositary Shares ("ADSs"), each representing 50 Class A Ordinary Shares of the Company, at $12.00 per ADS for a total offering size of $52.2M.

The ADSs are expected to begin trading today on the New York Stock Exchange under the ticker symbol "CTK".

The underwriters have been granted an over-allotment option to purchase up to 652,500 additional ADSs.

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