Kaspi.kz has filed an IPO application on the NASDAQ exchange.
Author - Mansur Ismagulov
The Tech AI
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Kaspi.kz has filed an application to list American Depositary Receipts on Nasdaq. The organizers are Morgan Stanley, J.P. Morgan, and Citigroup. On the London Stock Exchange, the company's market capitalization is approaching $19 billion. The number of shares for sale is not disclosed.
Kaspi.kz has filed an application to list American Depositary Receipts (ADRs) on the Nasdaq exchange in New York.
The number of shares Kaspi.kz plans to offer in the IPO is not disclosed. The bank states that the offering price will correspond to the market value of the Depositary Receipts registered on the London Stock Exchange. Morgan Stanley, J.P. Morgan, and Citigroup are acting as the placement organizers.
On the London Stock Exchange, Kaspi.kz's market capitalization is approaching $19 billion.
Source: Reuters
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