Russia’s SPB Exchange raised $175 million in an initial public offering in St. Petersburg, with a listing on New York’s Nasdaq due to follow in the first half of 2022.
The deal, which was aimed at retail investors, priced at $11.50 per share, the top end of the marketed range, the St. Petersburg-based exchange said in a statement. The IPO values the company at $1.3 billion.
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November 19, 2021 at 02:56AM
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Russia's SPB Exchange IPO Prices at Top End of Range - Bloomberg
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