Duoyuan Printing (DYP) IPO Trades Lower
More News related to DYP
- Duoyuan Printing (DYP) IPO Trades Lower
- Duoyuan Printing (DYP) IPO Prices At $8.50, Low End of Range
- Duoyuan Printing, Inc. Announces Pricing of Initial Public Offering
- Duoyuan Printing (DYP) Sees IPO Price of $8.50-$10.50
- Asian Financial (DYP) Files $69M IPO
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The IPO for Duoyuan Printing, Inc. (NYSE: DYP) is open for trading. Shares are trading at $8.20 after pricing 6,455,918 shares at a price of $8.50 per share, the low end of the expected $8.50-$10.50 range.
Piper Jaffray & Co. acted as the sole book-running manager for the offering, and Roth Capital Partners, LLC acted as the co-manager for the offering.
Duoyuan Printing, Inc. is a Wyoming corporation and a leading offset printing equipment supplier in China, headquartered in Beijing. Through its principal operating subsidiary, Duoyuan Digital Press Technology Industries (China) Co., Ltd., or Duoyuan China, and Duoyuan China's manufacturing subsidiaries, namely Langfang Duoyuan Digital Technology Co., Ltd. and Hunan Duoyuan Printing Machinery Co., Ltd., the Company designs, manufactures and sells offset printing equipment used in the offset printing process.
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