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China Intelligent prices IPO at $3, raises $10 million

June 18, 2010
CIL

China Intelligent Lighting, a China-based manufacturer of LED lighting products, raised $10 million by offering 3.35 million shares at $3. China Intelligent Lighting plans to list on the NYSE under the symbol CIL. Rodman & Renshaw and WestPark Capital acted as lead managers on the deal.