Send to a Friend Share

Noah Education (NED) Sees IPO Price Between $9.80 and $11.80

October 5, 2007 4:06 PM EDT
NED Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: +100.8%
Noah Education Holdings (Nasdaq: NED) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The company is offering 8,725,572 American depositary shares and expects offering price to be between $9.80 and $11.80. The company plans to list on the NYSE under the stock symbol "NED."

The offering is being made through Deutsche Bank, CIBC and Thomas Weisel.

Noah Education is a leading provider of interactive education content in China. We develop and market interactive, multimedia learning materials mainly to complement prescribed textbooks used in China’s primary and secondary school curriculum, covering subjects such as English, Chinese, mathematics, physics, chemistry, biology, geography, political science and history.

Noah Education delivers our content primarily through handheld digital learning devices, or DLDs, into which our content is embedded or subsequently downloaded at over 8,500 points of sale, approximately 2,000 download centers, or through its website, www.noahedu.com.

You May Also Be Interested In


Related Categories

IPOs

Add Your Comment





Follow StreetInsider.com On Twitter