VIA optronics AG (VIAO) Prices 6.25M ADS IPO at $15/ADS
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VIA optronics Announces Pricing of Initial Public Offering
September 25, 2020 5:01 AM EDTNUREMBERG, Germany & NEW YORK--(BUSINESS WIRE)-- VIA optronics AG (VIA), a leading supplier of enhanced display solutions, announced today the pricing of its initial public offering (the Offering) of 6,250,000 American Depositary Shares (ADSs), representing 1,250,000 ordinary shares at a public offering price of $15.00 per ADS, for gross proceeds of $93.75 million, before underwriting discounts and commissions. All of the ADSs are being offered by VIA. In addition, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 937,500 ADSs, representing 187,500 ordinary shares, to cover over-allotments, if any, at the public offering price, less underwriting discounts and commissions.... More
