Ozon Holdings PLC - ADR

NASDAQ:OZON   4:00:00 PM EDT
11.60
-1.03 (-8.15%)
Equity Financing / Related, Initial Public Offerings

Ozon Receives Gross Proceeds of $1.27 Bln In IPO

Published: 12/09/2020 07:41 GMT
(OZON) - Underwriters of the Recently Closed Offering of 33 Million American Depositary Shares (ads), Have Exercised in Full Their Option to Purchase an Additional 4,950,000 ordinary Shares, Represented by 4,950,000  adss.
As a Result, 37,950,000 Ordinary Shares, Represented By  Ads, Were Acquired by New Investors.
Ozon Has Issued in the Aggregate 42,450,000 New Ordinary Shares and Received Gross Proceeds of $1.27 Billion .
Net Proceeds Amounted to $1.20 Billion .