Ozon Holdings PLC

Ozon Holdings PLC (OZON) priced its initial public offering on Nov 24, 2020 at $30.00 per ADS, above its $22.50–$27.50 range, raising $990M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $5.38B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, Citigroup and UBS and others. Antis Triantafyllides & Sons and Debevoise & Plimpton advised the company and Latham & Watkins and Chrysses Demetriades & Co. advised the underwriters.

Ozon Holdings PLC operates an e-commerce platform in Russia, selling a wide range of products to about 11.4 million active buyers and enabling third-party sellers. It supports the platform with nationwide logistics infrastructure and its own technology.

Status

IPO

Ticker

OZON

Exchange

Nasdaq Global Select

Priced

Nov 24, 2020

IPO price

$30.00 per ADS

Price range

$22.50–$27.50

Raised

$990M

Market cap at IPO price

$5.38B

First filed

Nov 2, 2020

Underwriters

Morgan Stanley, Goldman Sachs, Citigroup, UBS, Sber CIB and VTB Capital

Company counsel

Antis Triantafyllides & Sons and Debevoise & Plimpton

Underwriters' counsel

Latham & Watkins and Chrysses Demetriades & Co.

Sector

Consumer

Country / state

Cyprus

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.