News Column to List on NASDAQ

May 12, 2014

BEIJING, May 12, SinoCast -- US financial website revealed that will get listed on the NASDAQ on May 22, financing USD 1.593 billion. earlier updated prospectus, fixing IPO price range between USD 16 and USD 18 per ADS. Totally 69 million ADS are expected to be offered, including 24.678 million ADS from selling shareholders. Underwriters have over-allotment options of 14.05 million ADS, with same price as IPO.

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Source: Sinocast Internet, Media & Online Services Beat (China)