IPO in New York
By Ding Yining |
May 26, 2011, Thursday
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Print Edition
Print Edition
SHANGHAI-BASED children entertainment website operator Taomee Holdings Inc said it will raise US$79 million in an initial public offering on the New York Stock Exchange, lower than its initial target of US$100 million.
Taomee will offer 7.19 million American Depository Shares at a range between US$9 and US$11 apiece, according to its filing to the United States Securities and Exchange Commission.
Taomee will offer 7.19 million American Depository Shares at a range between US$9 and US$11 apiece, according to its filing to the United States Securities and Exchange Commission.
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