Scalper1 News
Chinese microblogging platform Weibo plans to raise as much as $380 million with its U.S. IPO, down from the $500 million it expected in mid-March. Weibo late Friday filed updated regulatory paperwork saying it expects to price 20 million U.S.-traded shares initially at 17 to 19 each. The company earlier had said that it expected to raise $500 million, according to a regulatory filing dated March 14. Beijing-based Weibo plans to list on Nasdaq Scalper1 News
Scalper1 News