Tremor International (TRMR) IPO Opens Flat

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Tremor International Ltd. Announces Pricing of Initial Public Offering

June 17, 2021 11:55 PM EDT

NEW YORK, June 17, 2021 (GLOBE NEWSWIRE) -- Tremor International Ltd. (Tremor) announced today the pricing of its initial public offering of 6,768,953 American Depositary Shares (ADSs), representing an aggregate of 13,537,906 ordinary shares, at a public offering price of $19.00 per ADS. Tremor has raised aggregate gross proceeds of $128.6 million, before deducting underwriting discounts and commissions. Each ADS offered represents two ordinary shares of Tremor. The ADSs are being offered in a registered public offering in the United States (the Offering). All ADSs to be sold in the Offering will be sold by Tremor.

The underwriters of the offering will also have a... More