Oatly (OTLY) IPO Adds to Gains, Shares Gain 12%
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Oatly Group AB Announces Pricing of Initial Public Offering
May 19, 2021 7:41 PM EDTMALMÖ, Sweden, May 19, 2021 (GLOBE NEWSWIRE) -- Oatly Group AB (Oatly) announced today the pricing of its initial public offering of 84,376,000 American Depositary Shares (ADSs), each representing one ordinary share, 64,688,000 of which are being offered by Oatly and 19,688,000 of which are being offered by certain selling shareholders, at a public offering price of $17.00 per ADS. The underwriters of the offering will also have a 30-day option to purchase up to an additional 12,656,400 ADSs from the selling shareholders at the initial public offering price. The ADSs are expected to begin trading on the Nasdaq Global Select Market on May 20, 2021 under the... More
