Despegar.com (DESP) IPO Opens 12% Higher

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Go back to Despegar.com (DESP) IPO Opens 12% Higher

Despegar.com, Corp. Announces Pricing of Initial Public Offering

September 20, 2017 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Despegar.com, Corp. (Despegar), led by CEO Damian Scokin, today announced the pricing of its initial public offering of 12,770,000 ordinary shares of the company at a public offering price of $26.00 per share, before underwriting discounts. The shares are expected to begin trading on the New York Stock Exchange on September 20, 2017, under the ticker symbol DESP. The offering is expected to close on September 22, 2017, subject to customary closing conditions. In addition, Despegar... More