DAVIDsTEA (DTEA) Boosts Expected IPO Price Range to $17 - $18/Share
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DAVIDsTEA (DTEA) IPO Opens Up 32%
June 5, 2015 10:41 AM EDTToday's IPO for DAVIDsTEA, Inc. (Nasdaq: DTEA) opened for trading at $25.01 after pricing 5,100,000 shares of common stock at a price of $19.00 per share, above the expected $17-$18 range.
In addition, the underwriters have been granted a 30-day option to purchase up to an additional 765,000 shares at the initial public offering price, less underwriting discounts and commissions.
The offering is being made through an underwriting group led by Goldman, Sachs & Co., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith... More
DAVIDsTEA (DTEA) Prices 5.1M Common Stock IPO at $19/Share, Above Expected Range
June 5, 2015 6:04 AM EDTDAVIDsTEA, Inc. (Nasdaq: DTEA), today announced the pricing of its initial public offering of 5,100,000 shares of common stock at a price of $19.00 per share. The Company's shares are expected to begin trading on The NASDAQ Global Market on June 5, 2015 under the ticker symbol... More
