Russia's CIAN applies for New York IPO to raise U.S. $100 million - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia's CIAN applies for New York IPO to raise U.S. $100 million

ЛофтMOSCOW, Oct 14 (PRIME) – Online rental aggregator CIAN has submitted documents for an initial public offering (IPO) on the New York Stock Exchange (NYSE) to raise U.S. $100 million, the company said in a statement on Thursday.

"This is the first public placement of Cian PLC shares … We plan to apply for the placement of our American depositary shares (ADS) on the NYSE under the ticker CIAN," the document read.

CIAN also said that it will apply for ADS placement on the Moscow Exchange.

End

14.10.2021 08:54
 
 
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