The Law Offices of Frank R. Cruz Announces Investigation of Kanzhun Limited (BZ) on Behalf of Investors
The Law Offices of Frank R. Cruz announces an investigation of Kanzhun Limited (Kanzhun or the Company) (NASDAQ: BZ ) on behalf of investors concerning the Companys possible violations of federal securities laws.
- The Law Offices of Frank R. Cruz announces an investigation of Kanzhun Limited (Kanzhun or the Company) (NASDAQ: BZ ) on behalf of investors concerning the Companys possible violations of federal securities laws.
- In June 2021, Kanzhun sold about 48 million American Depositary Shares (ADSs or shares) in its initial public offering (the IPO) for $19 per share, raising nearly $912 million in new capital.
- On this news, the Companys ADS price fell as much as 17% during intraday trading on July 6, 2021, thereby injuring investors.
- This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.