AquaVenture (WAAS) Prices 6.5M Common Stock IPO at $18/Share, at the Low-End of Expected Range
- Stocks dip as earnings pour in, consumer discretionary lags
- UPDATE: Alphabet (GOOG) Tops Q3 EPS Views; Revs Strong
- Baker Hughes (BHI), General Electric (GE) in Partnership Talks, Not Merger Talks
- Twitter (TWTR) Tops Q3 EPS by 4c; Announces Restructuring, Workforce Reduction
- Cirrus Logic, Inc. (CRUS) Q2 Results and Guidance Beat Estimates
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
AquaVenture Holdings Limited (NYSE: WAAS) announced the pricing of its initial public offering of 6,500,000 ordinary shares at a public offering price of $18.00 per share, before underwriting discounts. In addition, AquaVenture has granted the underwriters a 30-day option to purchase up to 975,000 additional ordinary shares at the initial public offering price, less the underwriting discount. AquaVenture's ordinary shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "WAAS" on October 6, 2016.
*** Note: The company was recently looking for a pricing range of $18 - $20 per share.
Citigroup, Deutsche Bank Securities and RBC Capital Markets are acting as joint book-running managers for the offering. Canaccord Genuity, Raymond James and Scotiabank are acting as co-managers.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 5, 2016. Copies of the final prospectus relating to the offering may be obtained, when available, from: Citigroup by mail, c/o Broadridge Financial Solutions, at 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (800) 831-9146; or Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Group, by telephone at (800) 503-4611, or by email at email@example.com; or RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, or by email to firstname.lastname@example.org, or by telephone at (877) 822-4089.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ZTO Express (ZTO) IPO Opens Lower
- AK Steel (AKS) to Offer 65M Shares
- Agree Realty (ADC) Prices Upside Stock Offering
Create E-mail Alert Related CategoriesCorporate News, IPOs, Trader Talk
Related EntitiesDeutsche Bank, Citi, Raymond James, RBC Capital, Canaccord Genuity, IPO
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!