Hurray! plans going public on NASDAQ

“Chinese mobile messaging service provider Hurray! Holdings Co Ltd planned to float its shares on the NASDAQ stock market, amid an industrial slowdown and structural changes. Hurray! made a filing to the US Securities and Exchange Commission on Wednesday (US Eastern Time), indicating that it aims to sell 6.88 million American depository shares (ADSs) on the high-tech NASDAQ and is expected to raise as much as US$79.81 million from the initial public offering.”

Comments have been disabled for this post