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ARTICLE | Financial News

Aposense prices IPO

June 8, 2010 12:53 AM UTC

Aposense Ltd. (Tel Aviv:APOS) raised NIS95.9 million ($24.8 million) through the sale of 3 million shares at NIS31.50 in an IPO on the Tel Aviv Stock Exchange and concurrent private placements. The price values the company at NIS834.9 million ($215.7 million). Leumi Partners and existing investors participated in the private placement. Leumi Partners; Clal Finance; Menorah; Excellence; and Meitav were agents in the offering. The first day of trading is slated for Wednesday. ...