IPO for Singapore-Based Telematics Provider Karooooo (KARO) Opens 4% Higher

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Karooooo Ltd. (KARO) Prices 1.05M Share IPO at $28/Sh

April 1, 2021 3:07 PM EDT

Karooooo Ltd. (NASDAQ: KARO) today announced the pricing of its initial public offering of its ordinary shares. Karooooo is issuing and offering 1,050,000 of its ordinary shares at an initial public offering price of $28.00 per ordinary share for total gross proceeds of approximately $29.4 million. In... More