HeadHunter was valued at $ 1 billion during SPO

The capitalization of the HeadHunter job search service during the secondary offering of shares (SPO) on the NASDAQ stock exchange exceeded $ 1 billion. The company announced yesterday that it is placing 5 million American depositary shares (ADS) through the Goldman Sachs structure at a price of $ 20.25 per share. At the close of trading on July 15, ADS HeadHunter cost $ 20.5 apiece, the company’s strategy director Dmitry Sergienkov told RBC .

Now the structure of Goldman Sachs under the name ELQ Investors VIII Limited owns 12.5 million ADS of HeadHunter (24.8% stake in the company). After the SPO, its share will drop to 14.9%. Other major shareholders of the recruiting service are Highworld Investments Limited (the Elbrus Capital structure – it has 37.3%) and the American investment company Kayne Anderson Rudnick Investment Management LLC (14.2%). Earlier, HeadHunter’s management announced the intention of the two largest investors to sell all their ADSs. In addition, the company may conduct an additional issue of its shares.

According to Mr. Sergienkov, the SPO was attended by investors from the USA, Russia and Europe – both current and new shareholders. The offer is expected to close on July 20th. The placement price is one and a half times higher than the price of last year’s IPO.

HeadHunter conducted an initial public offering (IPO) on NASDAQ in May 2019. It became the first Russian technology company in six years to hold an IPO in the United States. Then, in two days, the valuation of the online service increased from $ 675 million to $ 837 million.In September 2019, HeadHunter’s capitalization on NASDAQ already exceeded $ 1 billion.

READ ALSO:  Parramatta (ship, 1866)

Luke Perry Porsche from Beverly Hills 90210 interesting facts
Why does Luke Skywalker wear black?
Luke Skywalker wearing black
5 incredible facts about Marcus Rushford
Michael I. Jordan (Michael Irwin Jordan) – a scientist, professor, researcher in the field of machine learning and artificial intelligence
Why was potato banned in France between 1748 and 1772? 🗼
Pedro Rodriguez Filho – the serial killer of criminals

Especially for you Alihan Alihanrin!
Subscribe to me on social networks so as not to miss something interesting and important!
Leave your comments, it is important for me to know what you think!
Share this article with your friends. They will like it, and they will be grateful to you!

Linked Posts

None found

Watch my YouTube video!

Interesting article for you

Watch my another YouTube video!

Some recommended posts

This black ninja shows what is capable of! Black Ninja is not a cliché which he gave reporters. This is

Be the first to comment

Leave a Reply

Your email address will not be published.