COOTEK(CAYMAN)INC. (CTK) IPO (CTK)

[Rocketstockpix]

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.