March 28, 2017 / 11:06 AM / 4 months ago

BRIEF-Aucnet announces IPO on Tokyo Stock Exchange on March 29

1 Min Read

March 28 (Reuters) - Aucnet Inc:

* Says its stock will begin trading on the Tokyo Stock Exchange on March 29, 2017, under the symbol "3964"

* In its initial public offering, the company will offer a total of 4,820,000 common shares, comprised of newly issued 2,200,000 shares and privately held 2,620,000 shares

* Says the nominal offering price as of filing date of Registration Statement is 1,070 yen per share with total offering amount will be 5.16 billion yen, and the fixed offering price will be announced at later date

* Nomura Securities Co Ltd, Mizuho Securities Co Ltd and Ace Securities Co Ltd included six securities companies will be the underwriters for this offer

Source text in Japanese: goo.gl/V3Oj9e

Further company coverage: (Beijing Headline News)

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