The 17.5 million placement shares available were fully spoken for too.
The IPO order book of NoonTalk Media, which is in artistes’ management, has been covered for both public and placement tranches, raising gross proceeds of $4.8 million.
Of the 4.5 million public tranche shares available, there were valid applications for 5.3 million shares, which makes it 1.2 times subscribed.
