Renaissance Capital logo

OneSmart Education prices IPO at $11, the low end of the range

March 28, 2018
OneSmart International Education Group logo

OneSmart International Education Group, which provides premium K-12 after-school tutoring in China, raised $179 million by offering 16.3 million shares at $11, the low end of the range of $11 to $13.

OneSmart International Education Group plans to list on the NYSE under the symbol ONE. Morgan Stanley, Deutsche Bank and UBS Investment Bank acted as lead managers on the deal.