Kioxia prices IPO at 1,455 yen per share, raises $800 million

2024-12-09 16:07:23

Japanese memory chip maker Kioxia has raised 120 billion yen ($800 million) in an initial public offering, including an over-allotment, according to a securities filing on Monday.
Kioxia set the IPO price at 1,455 yen per share, valuing the company at 784 billion yen, the filing said.
In addition, Kioxia tentatively set the IPO price range at 1,390 yen to 1,520 yen per share.
This means that the IPO price is in the middle of the market range.

IPO Kioxia

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tesla's (TSLA.O) shares fell as much as 5% in pre-market trading after its fourth-quarter deliveries fell short of expectations.
                            2025-01-02

                                    Tesla (TSLA.O) produced 22,727 other models in the fourth quarter, compared with market forecasts of 22,790.
                            2025-01-02

                                    Yunding Technology: The company currently has no self-owned AI hardware products for sale
                            2025-01-02

                                    Henan Provincial Development and Reform Commission held a symposium on the development of new energy vehicle industry
                            2024-12-27