) --

China Intelligent Lighting

(CIL) - Get Report




priced their initial public offerings Friday, wrapping up a busy week for IPOs.

Motricity, a Web-based mobile Internet and data services provider, delayed its IPO by one day and reduced the size of the offering. Initially, the company said it hoped to raise more than $100 million by offering 6.75 million shares of common stock in an expected range of $14 to $16. Motricity eventually slashed the offering to 5.9 million shares for $10 to $11 each.

Entities affiliated with billionaire investor

Carl Icahn

, who already has an 18.5% stake in Motricity, purchased another 1 million shares at $9.30 each, the company said.

Meanwhile, China Intelligent Lighting said late Thursday it has priced its initial public offering of 3.35 million shares of common stock at $3 per share. Originally, the Chinese lighting solutions and products provider filed to sell 2.5 million shares at $3 to $4 per share before increasing the offering to 3.5 million shares at $5.50 to $6.50 per share. Last month, China Intelligent Lighting then lowered the price range to $4 to $5 per share.

The two IPOs ends a busy week for first-time offerings. Earlier this week,

Higher One Holdings

(ONE) - Get Report

TST Recommends


Oasis Petroleum

(OAS) - Get Report





CBOE Holdings

(CBOE) - Get Report

made their trading debuts.

The returns of this week's IPOs have been mixed, with Higher One rising 18.9% since its IPO. CBOE has returned 8.6% and Oasis share are up 6.3%. On the downside, BroadSoft shares have fallen 7.1% since their debut.

-- Written by Robert Holmes in Boston


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