Coupang Announces IPO Price in the US... $35 Per Share
[Asia Economy Reporter Kim Cheol-hyun] Coupang announced on the 11th that it has set the public offering price for 130 million shares (Class A common stock) subject to the initial public offering at $35 per share.
These shares will be traded on the New York Stock Exchange (NYSE) under the ticker symbol 'CPNG' starting on the 11th (local time), and the offering is expected to conclude on the 15th following the usual closing procedures.
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According to Coupang, the registration statement for this securities sale has been submitted to the U.S. Securities and Exchange Commission (SEC), and the commission has given its effective approval.
This content was produced with the assistance of AI translation services.
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