E-commerce site Hepsiburada is preparing to go public in the USA. The public offering share price of Hepsiburada in the USA, which started its activities in 1998 and then became one of the largest e-commerce sites in Turkey, has also been announced. The share price of the e-commerce giant is expected to start from $11 to $13.
submitted its registration statement
All here, Filed its filing of registration with the American Securities and Exchange Commission (SEC) through Form F-1 to offer 56,740,000 Class B shares to the public.
Expected to be between $11 and $13
With this step, Hepsiburada has started investor talks for the public offering of Class B shares, representing the shares that will be listed on the NASDAQ Stock Exchange. Announcing that it has applied to be traded with the abbreviation HEPS on the NASDAQ stock exchange, Hepsiburada’s initial public offering price is expected to be between 11 and 13 dollars per share.
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs & Co. LLC, while acting as the leading brokerage house related to the Hepsiburada IPO, BofA Securities, Inc. and UBS Securities LLC will also serve as sub-intermediary institutions.