ATA raises US$46.3 million

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    ATA, a Chinese computer-based testing company, raised approximately US$46.3 million by pricing its American Depositary Shares [ADS] initial public offering…

    ATA, a Chinese computer-based testing company, raised approximately US$46.3 million by pricing its American Depositary Shares [ADS] initial public offering on the NASDAQ Global Market. The ADS shares will trade on the NASDAQ under the symbol “ATAI.” The company provides computer-based testing services in China, as well as test-based educational programs services. O'Melveny & Myers advised on this deal, while Merrill Lynch acted as the sole bookrunner.

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