Line (LN) IPO nearly 25 times oversubscribed - Nikkei
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LINE Corp (LN) Breaks Below IPO Open
July 14, 2016 11:13 AM EDTLINE Corp (NYSE: LN) broke below today's $42 IPO opening price although it remains sharply above the $32.84 IPO pricing. Shares were last at $41.63.
... MoreLINE Corp (LN) IPO Opens Up 28%
July 14, 2016 10:10 AM EDTToday's IPO for LINE Corp (NYSE: LN) opened for trading at $42 after pricing 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares (ADSs) offered in the United States and elsewhere outside Japan at... More
LINE Corp (LN) Affirms Listing of ADS on NYSE
July 14, 2016 9:41 AM EDTLINE Corporation (NYSE: LN) announced that, after obtaining the necessary legal and regulatory approvals, it has listed its American Depositary Shares (ADS) issued under the following sponsored American Depositary Receipt (ADR) program (Level 3) on the New York Stock Exchange (NYSE) on July 14, 2016 (EDT):
1.... More
Jefferies Starts IPO Line Corp. (LN) at Buy
July 14, 2016 8:45 AM EDTJefferies initiates coverage on today's IPO Line Corp. (NYSE: LN) with a Buy rating and ¥4,200 price target, saying it has a near-monopoly platform positioned at moible ad market.
Analyst Atul Goyal commented, "We initiate on LINE Corp at Buy. It is a... More
5 Facts About the LINE Corp (LN) IPO as It Lights Up Wall Street
July 14, 2016 8:29 AM EDT(UPDATED 10:10AM) The highly-anticipated IPO for LINE Corp (NYSE: LN) hit the New York Stock Exchange today. Shares of the Japan-based mobile messaging and communication service opened for trading at $42 after pricing 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares ("ADSs") offered in the United States and elsewhere outside Japan at a price to the public of ¥3,300 per share or $32.84 per ADS and 13,000,000 shares of common stock offered in Japan at a price to the public of ¥3,300 per share. This... More
LINE Corp. (LN) Prices 35M Common Stock IPO at $32.84/ADS
July 11, 2016 4:07 PM EDTLINE Corporation (NYSE: LN) announced the pricing of its initial public offering of 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares (ADSs) offered in the United States and elsewhere outside Japan at a price to the public of ¥3,300 per share or $32.84 per ADS and 13,000,000 shares of common stock offered in Japan at a price to the public of ¥3,300 per share. The total offering size is approximately ¥115.5 billion, assuming the underwriters do not exercise their option to purchase additional shares.
The Companys... More
