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Chinese education provider Ambow Education prices US IPO at $4.25, within the range

June 1, 2018
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Ambow Education Holding, which provides education, test prep and IT career training services in China, raised $8 million by offering 1.8 million ADSs at $4.25, within the range of $3.50 to $4.50. Ambow Education Holding plans to list on the NYSE American under the symbol AMBO. The Benchmark Company acted as a lead manager on the deal.