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