NQ Mobile Inc (ADR)(NYSE:NQ) shares rose in Tuesday’s pre-market session, after the provider of mobile-Internet services said it agreed to sell a 3.4% stake in its wholly owned subsidiary Beijing NationSky Network Technology for $18 million to Beijing Guorun Qilian Venture Capital Center as it prepares the unit for a possible IPO.
The sale gives NationSky a pre-money valuation of $500 million and a post-money valuation of $530 million.
NQ said it will sell up to another 2.3% of NationSky for $12 million to other investors over the next two months.
NQ plans to use the proceeds for research and development, marketing, working capital and to expand NationSky’s core operations.
The company noted investors have a right to demand redemption of their investment if NationSky doesn’t complete a qualified initial public offering, or find a third-party buyer to acquire all or part of its shares for a valuation of at least $550 million for NationSky’s business within 24 months after the investment is completed.
NQ Mobile Inc (ADR)(NYSE:NQ) Reverses Pre-Market Gains
180
Share.
Pingback: Best viagra price
Pingback: cialis prices
Pingback: otc cialis
Pingback: canadian cialis
Pingback: Viagra australia
Pingback: Us discount viagra overnight delivery
Pingback: cheap viagra
Pingback: over the counter erectile dysfunction pills
Pingback: medicine for impotence
Pingback: best ed pills
Pingback: canada pharmacy
Pingback: Viagra or cialis
Pingback: vardenafil 20 mg
Pingback: vardenafil online pharmacy
Pingback: online casinos real money
Pingback: online slots for real money
Pingback: viagra online canadian pharmacy
Pingback: online casino games real money
Pingback: real online casino
Pingback: buy cialis
Pingback: online payday loans
Pingback: payday loans
Pingback: cash advance
Pingback: viagra 100mg
Pingback: online casino with free signup bonus real money usa
Pingback: virtual city casino instant play
Pingback: online gambling sports book california
Pingback: cialis 20
Pingback: online casino real money no deposit
Pingback: cialis generic
Pingback: generic cialis
Pingback: buy cialis
Pingback: cheap viagra online
Pingback: free slots
Pingback: online casinos
Pingback: viagra for sale
Pingback: buy viagra uk
Pingback: cheapest viagra
Pingback: buy viagra canada
Pingback: generic for viagra
Pingback: tadalafil 5mg
Pingback: canadian pharmacy viagra
Pingback: buy cialis online
Pingback: online cialis
Pingback: can i buy viagra online
Pingback: cialis online pharmacy
Pingback: where to buy viagra online
Pingback: cialis generic date
Pingback: casino games
Pingback: casino
Pingback: viagra pills for sale
Pingback: best place to buy viagra online yahoo answers
Pingback: buy viagra germany
Pingback: cialis dosing
Pingback: is it safe to buy viagra online from canada
Pingback: buy brand cialis online
Pingback: online viagra
Pingback: cialis daily
Pingback: lm360.us
Pingback: viagra sale
Pingback: generic viagra prices
Pingback: cheap viagra
Pingback: sildenafil 20 mg tablet reviews
Pingback: viagra online pharmacy
Pingback: casino moons online casino
Pingback: real casino
Pingback: best online casinos that payout
Pingback: play for real online casino games
Pingback: average car insurance
Pingback: usaa car insurance quotes
Pingback: payday loans online
Pingback: Real viagra
Pingback: sildenafil use
Pingback: cbd oil for pain relief where to buy
Pingback: pfizer wikipedia
Pingback: best custom essay writing services
Pingback: kindergarten homework packet
Pingback: cleocin price
Pingback: clonidine online pharmacy
Pingback: Viagra medication
Pingback: cialis pricing
Pingback: Sale viagra
Pingback: coreg no prescription
Pingback: compazine otc
Pingback: where to buy coumadin
Pingback: online viagra sales
Pingback: crestor 5 mg for sale
Pingback: dapsone caps uk
Pingback: cost of dramamine
Pingback: elavil 50mg pills
Pingback: etodolac for sale
Pingback: flonase nasal spray otc
Pingback: garcinia cambogia caps usa
Pingback: where to buy geodon 20 mg
Pingback: cost of hyzaar
Pingback: imdur for sale
Pingback: imitrex pharmacy
Pingback: imodium pharmacy
Pingback: levaquin 500mg uk
Pingback: lopressor 25mg medication
Pingback: how to buy luvox 100mg
Pingback: mestinon 60mg usa
Pingback: motrin 600mg for sale
Pingback: viagra fedex
Pingback: cheapest nortriptyline
Pingback: where can i buy periactin
Pingback: phenergan prices
Pingback: plaquenil 400 mg coupon
Pingback: proair inhaler 100 mcg medication
Pingback: cheap procardia 30mg
Pingback: pulmicort pharmacy
Pingback: retin-a cream 0.025% purchase
Pingback: singulair tablets
Pingback: skelaxin 400 mg tablets
Pingback: spiriva 9 mcg pills
Pingback: tricor 160 mg usa
Pingback: buy wellbutrin 300 mg
Pingback: does cialis come in generic
Pingback: zestril 10mg cost
Pingback: zocor online pharmacy
Pingback: zovirax 800mg online pharmacy
Pingback: zyloprim otc
Pingback: cheap zyvox 600 mg
Pingback: sildenafil no prescription
Pingback: tadalafil canada
Pingback: furosemide 40 mg without a prescription
Pingback: aripiprazole 15mg generic
Pingback: pioglitazone 15mg pharmacy
Pingback: spironolactone 100 mg prices
Pingback: glimepiride 4 mg prices
Pingback: atomoxetine united kingdom
Pingback: where can i buy donepezil
Pingback: how to buy irbesartan 150 mg
Pingback: dutasteride 0,5 mg online
Pingback: olmesartan 10 mg without prescription
Pingback: citalopram 20mg cheap
Pingback: cephalexin 500 mg canada
Pingback: order ciprofloxacin 500 mg
Pingback: loratadine cheap
Pingback: where can i buy clozapine
Pingback: prochlorperazine 5 mg nz
Pingback: carvedilol without a prescription
Pingback: how to buy warfarin
Pingback: rosuvastatin 5mg united kingdom
Pingback: desmopressin mcg generic
Pingback: fluconazole 200mg no prescription
Pingback: doxycycline medication
Pingback: 141genericExare
Pingback: 141generic2Exare
Pingback: cbtidfnv
Pingback: estradiol 2mg tablets
Pingback: tamsulosin 0.2mg without prescription
Pingback: how to purchase fluticasone 50 mcg
Pingback: cheapest alendronate 70mg
Pingback: glipizide purchase
Pingback: how to purchase hydrochlorothiazide
Pingback: isosorbide over the counter
Pingback: azathioprine 25mg cheap
Pingback: genuine cialis with prescription
Pingback: is ivermectin safe for humans
Pingback: lamotrigine cheap
Pingback: terbinafine coupon
Pingback: levothyroxine mcg pills
Pingback: furosemide 40 mg cost
Pingback: can you buy zithromax
Pingback: ivermectin for sale
Pingback: ventolin inhalers
Pingback: cheapest clotrimazole
Pingback: doxycycline prices
Pingback: prednisolone francais
Pingback: clomid after miscarriage
Pingback: priligy sözlük
Pingback: ketoconazole vs diflucan
Pingback: synthroid medscape
Pingback: neurontin for insomnia
Pingback: metformin diabetes
Pingback: paxil blood thinner
Pingback: is plaquenil immunosuppressant
Pingback: tinderentrar.com
Pingback: pornoizle}