IperionX prices $50M US public offering at $21.98/ADS
I'm LongbridgeAI, I can summarize articles.IperionX Limited priced a $50 million underwritten public offering of 2.28 million American Depositary Shares (ADSs) at $21.98 per ADS. Following the announcement, shares declined 4.26% in after-hours trading. Each ADS represents 10 ordinary shares.
IperionX Limited (IPX) announced the pricing of an underwritten public offering of 2.28M American Depositary Shares (ADSs) at a public offering price of $21.98 per ADS. IperionX (IPX) shares are down 4.26% after-hours on Tuesday following the news. Each ADS represents 10 ordinary shares of the company. The transaction, led by U.S. institutional inv...