The Online Investor
Information Technology Services IPOs image Information Technology Services IPOs » By The Online Investor Staff, updated Fri., Jul. 3, 5:18 AM
Recent initial public offerings in the Information Technology Services IPOs category.

Slide #2. LINE Corporation Initial Public Offering

Company: LINE Corporation
Proposed Symbol: LN
Shares Offered: 22,000,000
Price Per Share: $32.84
Over-Allotment: 13,000,000
Description: LINE Corporation ("LINE" or the "Company") (NYSE:LN) today announced the pricing of its initial public offering of 35,000,000 shares of its common stock, consisting of 22,000,000 shares of common stock in the form of shares or American Depositary Shares ("ADSs") offered in the United States and elsewhere outside Japan at a price to the public of 3,300 per share or $32.84 per ADS and 13,000,000 shares of common stock offered in Japan at a price to the public of 3,300 per share. The total offering size is approximately 115.5 billion, assuming the underwriters do not exercise their option to purchase additional shares. The Company's ADSs are expected to begin trading on the New York Stock Exchange on July 14, 2016 under the symbol "LN" and its common shares are expected to begin trading on the Tokyo Stock Exchange on July 15, 2016 under the securities identification code "3938." Each ADS represents one of the Company's common shares.

IPOs: LINE Corporation

Information Technology Services IPOs - Slide 2 of 13 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, 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; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.