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Sunlands Technology Group completed its initial public offering on NYSE on March 23, 2018, pricing at $11.50 a share.
| Ticker | STG |
|---|---|
| Exchange | NYSE |
| Status | Completed |
| Listing date | March 23, 2018 |
| Offering price | $11.50 |
| Shares offered | 13,000,000 |
| Total raised | $150M |
Sunlands Technology Group sold 13,000,000 shares at $11.50 each on NYSE. Multiplied out, that is $149.5 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $150 million total recorded for the deal.
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Source: SEC EDGAR filings for Sunlands Technology Group. This page is general information, not investment advice.