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Viomi Technology prices IPO at $9, the low end of the range

September 25, 2018
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Viomi Technology, a Xiaomi-backed seller of internet-connected home appliances, raised $103 million by offering 11.4 million shares at $9, the low end of the range of $9 to $11. Viomi Technology plans to list on the Nasdaq under the symbol VIOT. Morgan Stanley and CICC acted as lead managers on the deal.