18th Jun 2021 17:45
Tremor International Ltd - Tel Aviv-based advertising technology - Prices Nasdaq Global Market initial public offering of 6.8 million American Depositary shares, representing 13.5 million shares at a price of USD19.00.
As a result, Tremor has raised USD128.6 million in gross proceeds.
RBC Capital Markets and Stifel are acting as lead book running managers for the offering, while JMP Securities, Needham & Co and Raymond James are acting as co-managers for the offering.
Offering is expected to close on Tuesday next week.
Current stock price: 674.00 pence, down 14%
Year-to-date change: up 72%
By Dayo Laniyan; [email protected]
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