The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

Slideshow IPOs

By The Online Investor Staff, updated Mon., May. 2, 1:58 AM

Slide #2. Yintech Investment Holdings Limited Initial Public Offering

Company: Yintech Investment Holdings Limited
Proposed Symbol: YIN
Shares Offered: 7,500,000
Price Per Share: $13.50
Over-Allotment: 1,125,000
Description: Yintech Investment Holdings Limited (NASDAQ:YIN) ("Yintech" or the "Company"), the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced that it has priced its initial public offering of 7,500,000 American depositary shares ("ADSs") at US$13.50 per ADS for a total offering size of approximately US$101.3 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 20 ordinary shares of the Company. The ADSs will begin trading on the NASDAQ Global Select Market today under the ticker symbol "YIN." The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 1,125,000 additional ADSs.

IPOs: Yintech Investment Holdings Limited

May 2, 2016    1:58 AM Eastern

IPOs | www.TheOnlineInvestor.com | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.