China O2O the first Wowo successfully listed on NASDAQ on the first day to close at $10.4

Abstract:

life service platform Wowo (formerly Wo Wo Group) last night in the United States successfully listed on the NASDAQ Global market trading, stock code "WOWO", the issue price of $10, the opening price of $11.06, was ascribed to $11.63 after the fall, the minimum fell to $9.64, to close at $10.4.

investment community news April 9th, life service platform Wowo (formerly Wo Wo Group) last night in the United States successfully listed on the NASDAQ Global market trading, stock code "WOWO", the issue price of $10, the opening price of $11.06, was ascribed to $11.63 after the fall, the minimum fell to $9.64, to close at $10.4.

after launch storm, Wowo last night finally successfully listed. The first trading day opening price of $11.06, higher than the issue price of 10%. In trading, the highest price of litters was $11.63, but it was subsequently fell below the issue price of $9.64, the lowest.

According to the

Wo Wo Group update of the prospectus, the IPO has been granted the Underwriters within 30 days to purchase an additional 600 thousand ADS the overallotment option. The 4 million shares of ADS issued by IPO are provided by Wo Wo Group, excluding the Underwriters over allotment option, the IPO of the gross revenue is expected to reach $40 million.

in January 10th this year, our first to the United States Securities and Exchange Commission (SEC) submitted a prospectus. Listing time scheduled for February 25th, but failed to be listed on the original date. Updated prospectus in April 1st showed that the listing deadline extended from the original March 31st to April 15th.

Wo Wo Group

in January this year submitted the prospectus, the company’s 9 months of 2014 net revenues of $20 million 600 thousand, compared to the same period in 2013 of $27 million 600 thousand; a net loss of $32 million 400 thousand, compared with a net loss of $21 million 100 thousand for the same period in 2013.

According to the

Wo Wo Group update of the prospectus, the IPO has been granted the Underwriters within 30 days to purchase an additional 600 thousand ADS the overallotment option. The 4 million shares of ADS issued by IPO are provided by Wo Wo Group, excluding the Underwriters over allotment option, the IPO of the gross revenue is expected to reach $40 million.

Wo Wo Group

listed at the same time, also launched a new brand name: Wo wo. The Wo Wo Group O2O Chinese claiming to be "the first stock listed".

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