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Borr Drilling (BORR) (OTCPK:BDRLF) has priced its IPO at $9.30 per share and starts trading on NYSE under the ticker BORR on July 31. The IPO offers 5,000,000 of common shares, while underwriters have a 30-day option to purchase up to 750,000 shares at the offering price. This is a major event in the world of offshore drilling since a driller is coming to NYSE at times when all offshore drilling stocks are under fire. Let’s look at the company at its first day of trading.