WASHINGTON (dpa-AFX) - Inflight Internet provider Gogo Inc. said Thursday that it has priced its initial public offering of 11 million shares of common stock at $17 per share, which is at the high end of its previously estimated range of $15 to $17 per share.
The shares are expected to begin trading on Friday, June 21 on the Nasdaq Global Select Market under the ticker symbol 'GOGO'.
The underwriters may purchase up to 1.65 million additional shares at the initial offering price less the underwriting discounts and commissions to cover over-allotments, if any.
Closing of the offering is expected to occur on June 26.
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