ITG Says 19.5M Share IPO to Price at $16 Per Share

Dow Jones

07/01

ITG said its 19.5 million share initial public offering will price at $16 per share, below a previously expected range of $19 to $22 per share.

The provider of services to the communications and digital infrastructure industries also said underwriters will be offered an additional 2.9 million shares of common stock from the company.

The shares are expected to begin trading on the Nasdaq Global Select Market on July 1 under the symbol ITG.

Investment manager Oaktree Capital Management, owned by Brookfield Asset Management, acquired ITG in late 2021 and will still hold more than 80% of the company's voting power after the IPO.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

June 30, 2026 19:10 ET (23:10 GMT)

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