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CIS Acquisition prices IPO at $10

Posted
12/20/2012 8:00:00 AM
By: Renaissance Capital
Referenced Stocks:CISAU

CIS Acquisition, a blank check company focused on acquiring businesses in Russia and Eastern Europe, raised $40 million by offering 4.0 million shares at $10. CIS Acquisition listed on the NASDAQ under the symbol CISAU. Chardan Capital Markets acted as lead manager on the deal.