Five Point Holdings, LLC Announces Pricing of Initial Public Offering

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Five Point Holdings (FPH) IPO Opens Up 9%

May 10, 2017 10:14 AM EDT

Today's IPO for Five Point Holdings (NYSE: FPH) opened for trading at $15.20 after pricing 21,000,000 Class A common shares at an initial public offering price of $14.00 per share.

In addition, FivePoint has granted the underwriters a 30-day option to purchase up to 3,150,000 additional Class A common shares to... More