Africa: Agora Announces Launch of Initial Public Offering

[PR Newswire] Santa Clara, California -Agora, Inc. ("Agora"), a real-time engagement API provider, today announced the launch of an initial public offering of 17,500,000 American depositary shares ("ADSs"), each representing four Class A ordinary shares of Agora. Agora also intends to grant the underwriters a 30-day option to purchase up to an additional 2,625,000 ADSs to cover overallotments. The initial public offering price is expected to be between $16.00 and $18.00 per ADS. Agora has applied to list its ADSs representing Class A ordinary sRead the Original Article