Iris Energy Limited (IREN) Prices 8.27M Share IPO at $28/sh

Go back to Iris Energy Limited (IREN) Prices 8.27M Share IPO at $28/sh

Iris Energy Limited Announces Pricing of Initial Public Offering

November 17, 2021 12:59 AM EST

SYDNEY, Australia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Iris Energy Limited (Iris Energy) announced today the pricing of its initial public offering of 8,269,231 ordinary shares (Ordinary Shares), at a public offering price of $28.00 per share. The underwriters of the offering will also have a 30-day option to purchase up to an additional 1,240,384 Ordinary Shares from the Company at the initial public offering price. The Ordinary Shares are expected to begin trading on the Nasdaq Global Select Market on November 17, 2021 under the ticker symbol IREN.

The closing of the offering is expected to occur on November 19, 2021 subject to satisfaction of customary closing... More