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Yalla Group Ltd completed its initial public offering on NYSE on September 30, 2020, pricing at $7.50 a share.
| Ticker | YALA |
|---|---|
| Exchange | NYSE |
| Status | Completed |
| Listing date | September 30, 2020 |
| Offering price | $7.50 |
| Shares offered | 18,600,000 |
| Total raised | $140M |
Yalla Group Ltd sold 18,600,000 shares at $7.50 each on NYSE. Multiplied out, that is $139.5 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $140 million total recorded for the deal.
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Source: SEC EDGAR filings for Yalla Group Ltd. This page is general information, not investment advice.