Global Market Group (GMC) Reduces IPO Size; Still Sees Price of $11 - $13/ADS
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Global Market Group Limited (NYSE: GMC) filed an amended registration statement with the U.S. Securities and Exchange Commission today for an Initial Public Offering of their American Depositary Shares (ADSs). The offering has been reduced from 10,986,270 ADSs to 2,800,000 ADSs. Global Market still sees an IPO price of $11 - $13 per ADS.
The offering is being made through Deutsche Bank Securities, Piper Jaffray, Cowen and Co., Lazard Capital Markets, and Oppenheimer & Co.
lobal Market Group is a business-to-business, or B2B, e-commerce service provider dedicated to connecting high-quality manufacturers in China to international buyers.
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The offering is being made through Deutsche Bank Securities, Piper Jaffray, Cowen and Co., Lazard Capital Markets, and Oppenheimer & Co.
lobal Market Group is a business-to-business, or B2B, e-commerce service provider dedicated to connecting high-quality manufacturers in China to international buyers.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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