Venture-backed hiSoft Technology goes for NASDAQ secondary public offering
NASDAQ-listed hiSoft Technology International Ltd., a leading China-based provider of outsourced IT and R&D services headquartered in Dalian, China, filed for a secondary public offering of 5 million American Depository Shares last week.
The company's initial NASDAQ IPO raised $74 million in June this year. Despite the initial offer price of $10 per a share at the initial offer on Monday, the share price had risen to $27.79 by the closing...
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