Whoosh as part of the IPO will place shares at 185–225 rubles
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Electric scooter rental service Whoosh intends to collect applications from investors as part of an IPO from December 5 to 13. The price range will be 185–225 rubles. per share, TASS reports with reference to the company’s press release. Trading in securities on the Moscow Exchange will begin on December 14.
Service at the end of November applied for the inclusion of ordinary shares of PJSC “VUSH Holding” in the list of securities for trading on the Moscow Exchange. The company wants to use the funds raised during the IPO, among other things, to expand the fleet of electric scooters. In September, Forbes reported on Whoosh’s plans to raise 6 billion rubles in an IPO.
Read more about service plans in the material “Kommersant FM” “Whoosh Increases Attraction”.
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