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Xunlei prices IPO above the range at $12

June 24, 2014

Xunlei, which offers digital content acceleration and online video services in China, raised $88 million by offering 7.3 million shares at $12, above the range of $9 to $11. Xunlei plans to list on the NASDAQ under the symbol XNET. Xunlei initially filed confidentially on 1/7/2014. J.P. Morgan and Citi acted as lead managers on the deal.