Thunder June 25th NASDAQ highest financing $92 million 530 thousand

iposcoop website screenshot

[TechWeb] June 13th news, according to the U.S. financial website iposcoop website reported that the thunder will be listed on the NASDAQ in June 25th. Thunder updated prospectus today, the disclosure of the issue price range of $9 to $11, as well as circulation and other information.

thunder plans to issue 7315000 shares of American Depositary Shares (ADS), and granted the Underwriters the highest placement rights of up to 1097250 shares of ADS, the highest circulation of shares of ADS.

price ceiling of $11 is calculated, if the Underwriters over allotment option is not exercised, the thunder financing amounted to $80 million 470 thousand, if the Underwriters over allotment of 1097250 shares of ADS, the thunder financing amounted to $92534750.

thunder in May 23rd for the first time to submit a prospectus to the U.S. Securities and Exchange Commission, after a lapse of 3 years to try again. Thunder plans to be listed on Nasdaq, ticker symbol XNET, JP Morgan chase, Citigroup, Stifel Nicolaus and Oppenheimer. (small peak)

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