India, June 22 -- ITG, Inc., a communications and digital infrastructure services company, on Monday announced the launch of its initial public offering of 19.5 million shares of Class A stock.
The company expects to price the offering between $19 and $22 per share.
The company has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol ITG.
The company intends to grant the underwriters a 30-day option to purchase up to an additional 2.17 million shares.
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The option also includes the purchase of up to 758,194 shares from a selling stockholder.
The company expects to use the net proceeds from the offering to r...