Real estate service firm Newmark Group (Pending:NMRK) has priced its initial public offering at $14/share, IPO Boutique says; the bottom of a range that was substantially lowered from before.
The company was expected to price between $14-$15/share, after lowering its marketed range from $19-$22/share.
With a reduced 20M shares on offer, the raise is $280M.
READ FULL ARTICLE HERE