Information technology (IT) firm Xurpas Inc. announced on Wednesday that it will price its initial public offering (IPO) lower than the previously set P4.19 per share as the company prepares to debut in the stock exchange within the year.

“We will probably not price (the offer) at the maximum. We believe our investors are our partners in this endeavor and we want to share the success of our offering with them,” said Nix Nolledo, Xurpas president.

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