MedQuist Holdings IPO Priced at $8 per Share

MedQuist Holdings Inc. MEDH today announced the pricing of its U.S. initial public offering of 4,500,000 shares of its common stock at a price to the public of $8.00 per share. The shares are expected to begin trading on February 4, 2011, on The NASDAQ Global Market under the ticker symbol MEDH. The closing of the offering is scheduled to take place on February 9, 2011. In the offering, MedQuist Holdings Inc. will sell 3,000,000 shares, and selling stockholders will sell 1,500,000 shares. The underwriters have a 30-day option to purchase up to 675,000 of additional common shares from the selling stockholders at the initial public offering price less the underwriting discount.