Reported 2 days ago
Kioxia, the chipmaker backed by Bain Capital, has announced a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its upcoming initial public offering in December. This pricing reflects a market valuation between 749 billion and 819 billion yen, following previous challenges in achieving a target valuation. The IPO is set to take place on the Tokyo Stock Exchange on December 18, marking a critical move for Kioxia as it seeks to raise funds in a capital-intensive sector.
Source: YAHOO