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Russia – HeadHunter sets terms for IPO

26 April 2019

Russian job board HeadHunter announced terms for its IPO (initial public offering) and plans to list on Nasdaq under the symbol HHR.

According to Nasdaq, the company plans to raise $200 million by offering 16.3 million ADSs (American Depository Shares) at a price range of $11.00 to $13.50. At the midpoint of the proposed range, HeadHunter Group would command a market value of $613 million.

Earlier this month, the company announced that it planned for a $250 million IPO in May-June 2019 on NASDAQ.

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