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Article: FGX International Holdings Limited Announces Pricing of its Initial Public Offering.
- Article from:
- PR Newswire
- Article date:
- October 25, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SMITHFIELD, R.I., Oct. 25 /PRNewswire-FirstCall/ -- FGX International Holdings Limited today announced the pricing of its initial public offering of 12,000,000 ordinary shares, at a price of $16.00 per share. The ordinary shares will be quoted on the Nasdaq Global Select Market under the symbol "FGXI" and are expected to begin trading on Thursday, October 25, 2007. The Company and certain shareholders of the Company will sell 6,666,667 shares and 5,333,333 shares, respectively. The underwriters have an option to purchase up to an additional 1,800,000 shares from one of the selling shareholders at the initial public offering price less the underwriting discount. The ...