NEW YORK - Kazakhstan's premier online shopping app, Kaspi.kz, is poised to expand its financial footprint with a planned debut on the U.S. stock market. These institutions are leading the charge as Kaspi.kz seeks to capitalize on its robust user base by tapping into the U.S. capital markets. The company has revealed its strategy to list on the Nasdaq under the ticker KSPI, offering 9 million American Depositary Shares  ADSs  in an initial public offering  IPO .Already a familiar name on the Kazakhstan Stock Exchange and the London Stock Exchange, where it is traded under the same ticker, Kaspi.kz is aiming for an IPO price of $97 per ADS.
Kazakhstan's leading online shopping app, Kaspi.kz, plans to expand its financial footprint by debuting on the U.S. stock market, offering 9 million ADSs in an IPO at $97 per ADS.