On Running sets off at a sprint. The running shoe manufacturer is scheduled to make its stock market debut as early as September 15. With the date of the listing on the US tech exchange Nasdaq, further details of the IPO also became known. Shares of the Swiss company are expected to sell at $18 to $20. Thus, the company plans to raise about $620 million.
If the over-allotment option were also exercised, On would have a market capitalization of about $5.5 billion.
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