Flash Delivery (FLX, Financial) has successfully launched its initial public offering (IPO) on the U.S. stock market. The company's stock price increased by 0.85% to $16.64. Through this IPO, Flash Delivery raised $66 million, bringing its valuation to $1.17 billion.
Recently, Flash Delivery updated its prospectus, announcing plans to sell 4 million American depositary shares. The shares were priced between $15 and $17, with expectations to raise between $60 million and $68 million, corresponding to a valuation range of $1.065 billion to $1.207 billion.
