Ameriquest sees IPO range of $11 to $13 a share

Ameriquest Inc. (AMQ) said late Tuesday it expects up to $13 a share in its initial public offering.

aq-logo

In a Securities and Exchange Commission filing, the business-to-business technology services company said it plans to offer just under 6.2 millon shares at $11 to $13 a share. Underwriters have the option to sell another 923,000 shares to cover overallotments. Following the offering, the company expects about 19 million shares outstanding.

Author: Wallas Witkowski
Source: MarketWatch

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