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

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

April 1, 2021 11:46 AM EDT

Today's IPO for Singapore-based telematics provider Karooooo Ltd (NASDAQ: KARO) opened for trading at $29 after pricing $28 per share.

Morgan Stanley and BofA Securities are acting as lead book-running managers for the proposed offering. William Blair is acting as book running manager, and... More