Latest Sundance Energy (SDCJF) Headlines Sundan
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Sundance Energy Australia launches of IPO of 7.8m ADSs in US
M2 - Thu Feb 06, 7:19AM CST
Sundance Energy Australia Limited (ASX:SEA), an onshore oil and natural gas company, announced on Wednesday that it has begun an initial public offering (IPO) of 7,750,000 American Depositary Shares (ADSs), each representing 20 of its ordinary shares.
Sundance Energy Australia Limited Announces Launch of Initial Public Offering of ADSs
Business Wire - Wed Feb 05, 4:22PM CST
Sundance Energy Australia Limited (ASX: SEA) ("Sundance" or the "Company") announced today the commencement of its initial public offering ("IPO") of 7,750,000 American Depositary Shares ("ADSs"), each representing 20 ordinary shares of the Company. Sundance expects the IPO price to be between $16.50 and $18.50 per ADS. Sundance has also granted the underwriters a 30-day option to purchase up to an additional 1,162,500 ADSs at the offering price to cover over-allotments, if any. The Company has applied to list the ADSs on the NASDAQ Global Select Market under the symbol "SNDE."