Lates News

Author: Gabriella Merlo (Bloomberg) - According to a statement on the Bullish website, the company's expanded initial public offering (IPO) is priced at $37 per share for 30 million shares of common stock. The stock is expected to begin trading on the New York Stock Exchange on August 13. Bullish has granted underwriters a 30-day option to purchase up to an additional 4.5 million shares of stock at the IPO price, minus underwriting discounts and commissions. JPMorgan and Jefferies are serving as joint lead underwriters for this offering. Note: It is reported that Bullish Group's IPO has received over 20 times oversubscription.