EVO Payments (EVOP) IPO Opens up 25%

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EVO Announces Pricing of Initial Public Offering

May 22, 2018 9:53 PM EDT

ATLANTA, May 22, 2018 (GLOBE NEWSWIRE) -- EVO Payments, Inc. (EVO) announced today the pricing of its initial public offering of 14,000,000 shares of its Class A common stock at a price to the public of $16.00 per share, of which 13,333,333 shares are being offered by EVO and 666,667 shares are being offered by a selling stockholder. EVO has granted the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of common stock to cover over-allotments. The shares are expected to begin trading on The NASDAQ Global Market on May 23, 2018 under the symbol EVOP. The offering is expected to close on May 25, 2018, subject to... More