iDreamSky Technology, a Chinese mobile game publisher with 100 million monthly active users, announced terms for its IPO on Friday. The Shenzhen, China-based company plans to raise $100 million by offering 7.7 million shares at a price range of $12 to $14. At...read more
Kingsoft spinoff Cheetah Mobile, which provides a suite of free mobile and PC applications that offer security/anti-virus protection and system performance optimization, raised $168 million by offering 12.0 million ADSs at $14, within the $12.50 to $14.50 range....read more
With a holiday and recent pricing pressure keeping a lid on IPO activity last week, three holdovers from prior weeks priced and fell on their first day of trading, even after pricing at a steep discount to the midpoint. However, the deals brought the monthly...read more
Chinese mobile game publisher iDreamSky Technology sets terms for $100 million IPO
iDreamSky Technology, a Chinese mobile game publisher with 100 million monthly active users, announced terms for its IPO on Friday. The Shenzhen, China-based company plans to raise $100 million by offering 7.7 million shares at a price range of $12 to $14. At...read more
Cheetah Mobile prices IPO at $14, within the range
Kingsoft spinoff Cheetah Mobile, which provides a suite of free mobile and PC applications that offer security/anti-virus protection and system performance optimization, raised $168 million by offering 12.0 million ADSs at $14, within the $12.50 to $14.50 range....read more
9 US IPOs planned for the week of May 5
The following IPOs are expected to price this week: Alder BioPharmaceuticals (ALDR), which is developing antibodies for rheumatoid arthritis with Bristol-Myers and...read more
US IPO Recap: Ares launches $400 million IPO
With a holiday and recent pricing pressure keeping a lid on IPO activity last week, three holdovers from prior weeks priced and fell on their first day of trading, even after pricing at a steep discount to the midpoint. However, the deals brought the monthly...read more