Goldman Sachs-Backed Go Prices Japan IPO

MT Newswires Live06-08 17:34

Goldman Sachs (GS)-backed taxi booking app Go priced its initial public offering in Japan at 2,400 Japanese yen ($14.98) per share, according to a regulatory filing on Monday.

Go offered a total of 36.9 million common shares, according to the filing, raising 88.6 billion yen for a market value of 186 billion yen.

Goldman invested 10 billion yen in Go in 2023 at a valuation of 135 billion yen, Bloomberg said.

Trading of Go's shares is expected to start June 16.

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