A private company can raise capital by selling shares publicly to institutional investors and retail investors through an issuance of new stock, called an initial public offering (IPO).
today announced the pricing of its initialpublicoffering of 3,333,335 American Depositary Shares (“ADSs”), at US$6.2 per ADS, for a total offering size of approximately US$20.7 million ...
In addition, Zenas has granted the underwriters a 30-day option to purchase up to an additional 1,985,294 shares of common stock at the initialpublicoffering price, less underwriting discounts ...