Agora, a Chinese provider of APIs for developers to embed voice, video, and messaging, raised $350 million by offering 17.5 million ADSs at $20, above the range of $16 to $18. At pricing, the company commands a fully diluted market value of $2.2 billion.
Agora plans to list on the Nasdaq under the symbol API. Morgan Stanley and BofA Securities acted as lead managers on the deal.
