Xunlei prices IPO above the range at $12

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Xunlei, which offers digital content acceleration and online video services in China, raised $88 million by offering 7.3 million shares at $12, above the range of $9 to $11. Xunlei plans to list on the NASDAQ under the symbol XNET. Xunlei initially filed confidentially on 1/7/2014. J.P. Morgan and Citi acted as lead managers on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: XNET

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