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Investment Brokerages IPOs image Investment Brokerages IPOs » By The Online Investor Staff, updated Sat., Sep. 19, 4:17 AM
Recent initial public offerings in the Investment Brokerages IPOs category.

Slide #1. 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

List of Investment Brokerages IPOs in this Slideshow: Company Ticker IPO Date Ares Dynamic Credit Allocation Fund, Inc. ARDC 11/30/2012 StoneCastle Financial Corp. BANX 11/7/2013 Moelis & Company MC Virtu Financial, Inc. VIRT 4/16/2015 RiverBanc Multifamily Investors, Inc. RMI Yirendai Ltd. YRD Yintech Investment Holdings Limited YIN

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