LiveChat Software reveals IPO details
IT firm LiveChat Software announced the details of its initial public offering on Wednesday. The company’s shareholders are selling 3.24 million shares or a 12.57 percent stake. The bourse debut is planned for April 10.
The number shares offered to individual and institutional investors will be settled no later than the day before subscriptions are launched. Institutions will be able to subscribe to up to 15 percent of the shares offered.
Subscriptions for individuals are planned for March 24-28 and those for institutional investors will take place on April 1-4.
