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HiSoft to List on Nasdaq

Sina Tech, 6/29/10

According to the Nasdaq's official website, Chinese IT outsourcing firm HiSoft plans to IPO this week.

HiSoft recently submitted its IPO application to the U.S. Securities and Exchange Commission (SEC), and plans to issue at least 7.4 mln American Depository Shares (ADS) at an issue price between USD 11 and USD 13 for an estimated USD 111 mln in total funds. HiSoft will list on the Nasdaq Global Market under the ticker symbol HSFT.

Keywords: HSFT overseas listing IPO IT outsourcing Nasdaq software Hisoft

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