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ZST Digital prices IPO at $8.00, within the range

October 20, 2009

ZST Digital Networks, a Chinese TV set-top box provider, raised $25 million by offering 3.1 million shares at $8.00, the midpoint of the proposed $7.50 to $8.50 range. ZST Digital Networks plans to list on the NASDAQ under the symbol ZSTN. Rodman & Renshaw and WestPark Capital acted as lead managers on the deal.