ADSS

Opthea Files Registration Statement for Proposed Initial Public Offering in the United States

Friday, September 25, 2020 - 10:30am

Concurrent with the proposed public offering, Opthea also intends to list the ADSs on the Nasdaq Global Market (Nasdaq).

Key Points: 
  • Concurrent with the proposed public offering, Opthea also intends to list the ADSs on the Nasdaq Global Market (Nasdaq).
  • The number of securities to be sold and the price per ADS under any proposed Offering have not yet been determined.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
  • Any statement describing Company goals, expectations, intentions or beliefs is a forward-looking statement and should be considered an at-risk statement.

VIA optronics Announces Pricing of Initial Public Offering

Friday, September 25, 2020 - 10:01am

VIA optronics AG (VIA), a leading supplier of enhanced display solutions, announced today the pricing of its initial public offering (the Offering) of 6,250,000 American Depositary Shares (ADSs), representing 1,250,000 ordinary shares at a public offering price of $15.00 per ADS, for gross proceeds of $93.75 million, before underwriting discounts and commissions.

Key Points: 
  • VIA optronics AG (VIA), a leading supplier of enhanced display solutions, announced today the pricing of its initial public offering (the Offering) of 6,250,000 American Depositary Shares (ADSs), representing 1,250,000 ordinary shares at a public offering price of $15.00 per ADS, for gross proceeds of $93.75 million, before underwriting discounts and commissions.
  • VIA ADSs are scheduled to begin trading on New York Stock Exchange on September 25, 2020 under the ticker symbol VIAO.
  • The Offering is expected to close on September 29, 2020, subject to customary closing conditions.
  • Berenberg is acting as sole bookrunning manager for the Offering and Craig-Hallum Capital Group is acting as lead manager.

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Qutoutiao Inc. (QTT)

Thursday, September 24, 2020 - 5:00pm

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
  • In September 2018, the Company completed its IPO, selling 13.8 million ADSs at $7.00 per share.
  • If you purchased or otherwise acquired Qutoutiao securities during the Class Period, you may move the Court no later thanOctober 19, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Kingsoft Cloud Announces Pricing of Follow-on Public Offering of American Depositary Shares

Thursday, September 24, 2020 - 12:08pm

BEIJING, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the pricing of a public offering of 8,000,000 American depositary shares (the ADSs), each representing 15 ordinary shares of the Company (the Primary ADS Offering).

Key Points: 
  • BEIJING, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the pricing of a public offering of 8,000,000 American depositary shares (the ADSs), each representing 15 ordinary shares of the Company (the Primary ADS Offering).
  • In addition, several selling shareholders are offering 8,421,576 ADSs of the Company (the Secondary ADS Offering and, together with the Primary ADS Offering, the ADS Offering), at US$31.00 per ADS.
  • The Company has granted the underwriters of the ADS Offering a 30-day option to purchase up to an additional 2,463,240 ADSs.
  • Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud, enterprise cloud and AIoT cloud services.

Kingsoft Cloud Announces Proposed Follow-on Public Offering of American Depositary Shares

Monday, September 21, 2020 - 10:01pm

BEIJING, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the commencement of the offering of 8,000,000 American depositary shares (the ADSs), each representing 15 ordinary shares of the Company (the Primary ADS Offering).

Key Points: 
  • BEIJING, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the commencement of the offering of 8,000,000 American depositary shares (the ADSs), each representing 15 ordinary shares of the Company (the Primary ADS Offering).
  • In addition, several selling shareholders are offering 9,677,310 ADSs of the Company (the Secondary ADS Offering and, together with the Primary ADS Offering, the ADS Offering).
  • Kingsoft Cloud will not receive any proceeds from the sale of ADSs by the selling shareholder.
  • Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud, enterprise cloud and AIoT cloud services.

Orphazyme A/S commences a global offering, consisting of initial public offering of ADSs in the U.S. and concurrent private placement of ordinary shares in Europe

Monday, September 21, 2020 - 11:36am

Prospectus"), with the SEC and has commenced the Offering of up to 7,616,146 new ordinary shares, which may be in the form of ADSs (together the "Securities").

Key Points: 
  • Prospectus"), with the SEC and has commenced the Offering of up to 7,616,146 new ordinary shares, which may be in the form of ADSs (together the "Securities").
  • The total number of ordinary shares (including ordinary shares in the form of ADSs) in the U.S. Offering and the European Private Placement is subject to reallocation between these offerings to the extent permitted under applicable laws and regulations.
  • Neither the timing, number of shares, number of ordinary underlying shares of Orphazyme, nor the price of the ADSs and thereby the price of the underlying shares has been finally determined.
  • If consummated, the final price for the ordinary shares and ADSs will be determined following a book-building process.

NetEase Announces ADS Ratio Change

Friday, September 18, 2020 - 10:30am

HANGZHOU, China, Sept. 18, 2020 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that it will change the ratio of its American depositary shares ("ADSs"), representing ordinary shares, from the current one (1) ADS for every twenty-five (25) ordinary shares to one (1) ADS for every five (5) ordinary shares.

Key Points: 
  • HANGZHOU, China, Sept. 18, 2020 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that it will change the ratio of its American depositary shares ("ADSs"), representing ordinary shares, from the current one (1) ADS for every twenty-five (25) ordinary shares to one (1) ADS for every five (5) ordinary shares.
  • From the perspective of an ADS holder, the ADS ratio change has the same effect as a five-for-one ADS split, and NetEase ADS holders at the close of business, New York time, on September 30, 2020 will be entitled to receive four additional ADSs for every ADS held, effective October 1, 2020 at the close of business.
  • There will be no change to NetEase's ordinary shares, and no action by ADS holders is required to effect the ratio change.
  • The effect of the ratio change on the ADS trading price on the NASDAQ Global Select Market is expected to take place on October 2, 2020.

NuCana Announces Pricing of a Public Offering of American Depositary Shares

Thursday, September 17, 2020 - 12:00pm

In addition, NuCana has granted the underwriters a 30-day option to purchase up to 2,333,333 additional ADSs at the public offering price, less underwriting discounts and commissions.

Key Points: 
  • In addition, NuCana has granted the underwriters a 30-day option to purchase up to 2,333,333 additional ADSs at the public offering price, less underwriting discounts and commissions.
  • The offering is expected to close on or about September 21, 2020, subject to the satisfaction of customary closing conditions.
  • Jefferies, Cowen, William Blair, and Truist Securities are acting as joint book-running managers for the offering.
  • This offering is being made only by means of a prospectus supplement and accompanying prospectus that form a part of the registration statement.

New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2020

Thursday, September 17, 2020 - 2:18am

BEIJING, Sept. 16, 2020 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2020 with the Securities and Exchange Commission on September 16, 2020.

Key Points: 
  • BEIJING, Sept. 16, 2020 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2020 with the Securities and Exchange Commission on September 16, 2020.
  • The annual report can be accessed on New Oriental's investor relations website at http://investor.neworiental.org .
  • New Oriental will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol "EDU."

NuCana Announces Proposed Public Offering of American Depositary Shares

Wednesday, September 16, 2020 - 9:01pm

EDINBURGH, United Kingdom, Sept. 16, 2020 (GLOBE NEWSWIRE) -- NuCana plc, a clinical-stage biopharmaceutical company focused on significantly improving treatment outcomes for patients with cancer, announced today that it has commenced an underwritten public offering of its American Depositary Shares (ADSs).

Key Points: 
  • EDINBURGH, United Kingdom, Sept. 16, 2020 (GLOBE NEWSWIRE) -- NuCana plc, a clinical-stage biopharmaceutical company focused on significantly improving treatment outcomes for patients with cancer, announced today that it has commenced an underwritten public offering of its American Depositary Shares (ADSs).
  • In addition, NuCana expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its ADSs at the public offering price, less underwriting discounts and commissions.
  • The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
  • Jefferies, Cowen, William Blair, and Truist Securities are acting as joint book-running managers for the offering.