Kioxia

Kioxia’s IPO Raises $800 Million, Priced Within Anticipated Range

Kioxia, the chipmaker backed by Bain Capital, has raised 120 billion yen in its initial public offering, including the overallotment, with shares priced in the middle of the marketed range, according to a securities filing on Monday. The IPO price of 1,455 yen per share values the company at 784 billion yen. Kioxia, a leading memory chip manufacturer, had initially set a price range of 1,390 to 1,520 yen per share. Bain, along with other investor Toshiba, will sell shares