RYB Education (RYB) IPO Opens Higher

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RYB Education, Inc. Announces Pricing of Initial Public Offering

September 27, 2017 7:11 AM EDT

BEIJING, Sept. 27, 2017 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced that it has priced its initial public offering of 7,800,000 American depositary shares ("ADSs"), at $18.50 per ADS for a total offering size of approximately US$144.30 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents one Class A ordinary share of the Company. The ADSs are expected to begin trading on the New York Stock Exchange today under the ticker symbol... More