SHANGHAI, China, June 27 /Xinhua-PRNewswire/ -- Spreadtrum Communications, Inc. (Nasdaq: SPRD - News) today announced the pricing of its initial public offering of 8,992,700 American Depositary Shares, or ADSs, at a price to the public of $14.00 per ADS. Spreadtrum is offering 8,000,000 ADSs and certain existing shareholders are offering 992,700 ADSs. Each ADS represents three ordinary shares. Spreadtrum's ADSs will trade on the Nasdaq Global Market under the symbol "SPRD" and will begin trading Wednesday, June 27, 2007. Total net proceeds to Spreadtrum will be approximately $100.3 million, after deducting underwriting discounts and commissions and estimated offering expenses.