uCloudlink (UCL) IPO Opens 25% Higher

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UCLOUDLINK GROUP INC. (UCL) Prices 2.01M ADS IPO at $18/ADS

June 10, 2020 9:30 AM EDT

UCLOUDLINK GROUP INC. (NASDAQ: UCL), the worlds first and leading mobile data traffic sharing marketplace, today announced that it has priced its initial public offering of 2,010,000 American depositary shares, at US$18.00 per ADS for a total offering size of approximately US$36.2 million, assuming... More