Home > Finance News > IPO > Xunlei Thunder (XNET) IPO: Price Ranges From $14 to $16

Xunlei Thunder (XNET) IPO: Price Ranges From $14 to $16

Xunlei Thunder Has submitted The Latest IPO Files F-1/A, Releasing IPO Price Ranges From $14 to $16, Planning issues 7.6 Millions ADS. According to the Middle price of issue price, Xunlei Thunder IPO Would Finance $112,500,000, The total Shares reaches 61.08 Millions, So the Market Valuation reaches $916,000,000

Xunlei Thunder Submitted F-1  Application to USA SEC, Planning to land on Nasdaq, Trade Code is XNET, Underwriters are JP Morgan and Deutsche Bank

Xunlei Wikipedia

Xunlei (simplified Chinese: 迅雷; pinyin: Xùn Léi; literally “Swift Thunder”) is a download manager developed by Thunder Networking Technologies (simplified Chinese: 深圳市迅雷网络技术有限公司, formerly Sandai Technologies) [2], supporting HTTP, FTP, EDonkey, BitTorrent protocols.

In June 2011, Xunlei filed with the SEC to raise up to $200 million in a US-listed initial public offering.

Before IPO, Xunlei Has finished several Financing, The First one is from IDG. IDG and Morningside invest Xunlei $10 Millions Again in 2005. Google become the Strategic investors of Xunlei, Meanwhile, Ceyuan Ventures, Morningside Ventures, IDGVC also invested Xunlei.

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