Flash Delivery (FLX) Raises $66 Million in U.S. IPO

Group 1 - Flash Delivery has successfully launched its initial public offering (IPO) on the U.S. stock market, raising $66 million and achieving a valuation of$1.17 billion [1] - The stock price of Flash Delivery increased by 0.85% to $16.64 following the IPO [1] - The company updated its prospectus to announce plans to sell 4 million American depositary shares, with a pricing range between$15 and $17 [2] Group 2 - The expected fundraising from the share sale is between$60 million and $68 million, which corresponds to a valuation range of$1.065 billion to $1.207 billion [2]