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Lime Announces Pricing of Initial Public Offering
- On Tuesday, June 30, 2026, ITG, Inc. announced the pricing of its initial public offering of 19,512,196 shares of Class A common stock at $16.00 per share.
- The Nasdaq Global Select Market will host the company's trading debut today, July 1, 2026, under the ticker symbol 'ITG,' marking the next phase of the offering process.
- Proceeds totaling approximately $279.2 million are expected from the offering, which the Company will use to repay outstanding principal under its revolving credit and term loan facilities.
- Underwriters received a 30-day option to purchase up to an additional 2,926,829 shares of common stock at the initial public offering price, potentially increasing total capital raised.
- Subject to customary closing conditions, the offering is expected to close tomorrow, July 2, 2026, completing ITG, Inc.'s transition to a publicly traded company.
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The company offering short-term rentals set the stock price at $25 each, the midpoint of the range, and sold a total of 6.68 million of them
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Coverage Details
Total News Sources24
Leaning Left5Leaning Right3Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 31%
C 50%
R 19%
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