Ambow Education Holding, which provides education, test prep and IT career training services in China, raised $8 million by offering 1.8 million ADSs at $4.25, within the range of $3.50 to $4.50. Ambow Education Holding plans to list on the NYSE American under the symbol AMBO. The Benchmark Company acted as a lead manager on the deal.
The article Chinese education provider Ambow Education prices US IPO at $4.25, within the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
