Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range


Source: infobae.com infobae.com

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Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range Por Newsroom Infobae Compartir en WhatsApp Compartir (Bloomberg) -- Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be identified because it wasn’t public yet. RLX Technology will raise $1.4 billion based on the 116.5 million American depositary shares it had marketed. The company, backed by Sequoia Capital China, had targeted a share price or $8 to $10 each. A representative for the company didn’t immediately...