Linktone Prices IPOLinktone Prices IPO

Provider of wireless value-added entertainment services prices its IPO of 6,140,000 American depositary shares at $14 per share

March 4, 2004

1 Min Read

SHANGHAI, China -- Linktone Ltd., a provider of entertainment-oriented wireless value-added services to mobile phone users in China, today announced that its initial public offering of 6,140,000 American depositary shares (ADSs) was priced at U.S. $14.00 per ADS. Each ADS represents 10 ordinary shares of Linktone. The ADSs are scheduled to begin trading on March 4, 2004, New York time on the Nasdaq National Market under the symbol "LTON."

Of the 6,140,000 ADSs, Linktone is selling 5,150,000 ADSs and certain of its selling shareholders are selling 990,000 ADSs.

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