Arco (ARCE) IPO Opens 40% Higher

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Go back to Arco (ARCE) IPO Opens 40% Higher

Arco Platform Limited (ARCE) Prices 11.11M Class A Share IPO at $17.50/Sh

September 26, 2018 5:56 AM EDT

Arco Platform Limited, or Arco (NASDAQ: ARCE), today announced that it priced its initial public offering of 11,111,111 Class A common shares at a public offering price of US$17.50. Arco has also granted the underwriters a 30-day option to purchase up to 1,666,666 additional... More