The supermarket chain plans to sell as much as 7.54 billion shares—including the overallotment option of 685.7 million shares—at a maximum price of 0.80 pesos apiece, according to the company’s IPO prospectus filed with the Securities and Exchange Commission.
Source: https://www.forbes.com/sites/jonathanburgos/2021/08/18/supermarket-chain-owned-by-philippines-richest-man-to-raise-119-million-from-ipo/
