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111 prices downsized IPO at $14, the low end of the range

September 12, 2018
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111, which operates an online retail drugstore and healthcare platform in China, raised $99 million by offering 7.1 million shares at $14, the low end of the range of $14 to $16. 111 plans to list on the NYSE under the symbol YI. J.P. Morgan, Citi and CICC acted as lead managers on the deal.