LINE Corp IPO Info

Company Name: LINE Corp
Stock Symbol: LN
Exchange: NYSE
Status: Priced
IPO Date: 7/14/2016
IPO Price: 32.84 (3.56%)

Underwriters

Morgan Stanley, Nomura, Goldman Sachs, JPMorgan

Amount of Offering: N/A
Number of Shares Offered: 22 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A

Company Description

LINE is a Japan-based mobile messaging and communication service company. The company's active user base has grown to 218 million monthly active users (MAUs) globally in March 2016.

Financial Data

The company generated revenues of ¥39,586 million in 2013, ¥86,366 million in 2014, ¥120,406 million in 2015 and ¥33,456 million in the first three months of 2016.

News Headlines

• LINE Corp (LN) Shares Flat Early Following Solid IPO
• LINE Corp (LN) Breaks Below IPO Open
• LINE Corp (LN) IPO Opens Up 28%
• LINE Corp (LN) Affirms Listing of ADS on NYSE
• Jefferies Starts IPO Line Corp. (LN) at Buy
• 5 Facts About the LINE Corp (LN) IPO as It Lights Up Wall Street
• Line (LN) IPO nearly 25 times oversubscribed - Nikkei
• LINE Corp. (LN) Prices 35M Common Stock IPO at $32.84/ADS
• LINE Corp. (LN) Boosts Expected IPO Pricing Range