February 18, 2020 |
Brazilian industrial services company Priner said it priced an initial public offering (IPO) on the B3 stock exchange in São Paulo on Friday, raising BRL174 million ($40.5 million) from the sale of 17.4 million shares at the bottom end of the targeted price range.
The Rio de Janeiro-based company priced the shares at BRL10.00 each after the setting the range between BRL10.00 and BRL13.00 per share, according to securities filings.
Leblon Equities, an asset management firm in Rio de Janeiro that
Brazilian industrial services company moves $40 mln in its stock market debut, but chooses not to take the over-allotment option