BANGKOK -- Top 25 global EMS provider Fabrinet went public on June 25, offering some 8.5 million shares of common stock to the public.
The shares are priced at $10 each and began trading on the New York Stock Exchange on June 25.
Fabrinet, whose sales of $378.6 million were good for 25th place on the CIRCUITS ASSEMBLY Top 50 last year, is traded under the ticker symbol FN.
Fabrinet offered 2.83 million shares, while majority shareholder Asia Pacific Growth Fund III offered 5.67 million. Morgan Stanley and Deutsche Bank, as underwriters, have been granted a 30-day option to purchase up to an additional 1.275 million shares.