UPDATE 1-A123 prices IPO above range, ups share issue

Newswire

* A123 IPO raises $380.44 mln * A123 sells 9.3 percent more shares than expected * A123 to start trade Thursday on Nasdaq NEW YORK, Sept 23 (Reuters) - Lithium-ion car battery maker A123 Systems Inc increased the number of shares in its initial public offering and priced them for $13.50 apiece, above the estimate range, one of the deal's underwriters said. The upsized deal helped the Massachusetts company raise $380.4 million, far above what it had expected. On Tuesday, facing strong ...

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