Recent initial public offerings in the Information Technology Services IPOs category.
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Slide #2. LINE Corporation — Initial Public Offering
Price Per Share:
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.