VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
The company said in a regulatory filing that it will sell 7.32 million American Depository Shares (ADS) at $9.00-11.00 apiece, rising to 8.41 million shares if underwriters exercise the full over-allotment...
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