Bright Scholar Announces Pricing of Initial Public Offering

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Bright Scholar Education (BEDU) IPO Opens Modestly Higher

May 18, 2017 9:56 AM EDT

Today's IPO for Bright Scholar Education Holdings Limited (NYSE: BEDU) opened for trading at $11 after pricing 15,000,000 American Depositary Shares ("ADSs") at an offering price of $10.50 per ADS.

The Company has granted the underwriters a 30-day option to purchase up to an additional 2,250,000... More