ADSS

GSX Techedu Inc. to Hold an Extraordinary General Meeting on June 4, 2021

Monday, May 10, 2021 - 12:00pm

Holders of the Company\'s American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying shares must act through Deutsche Bank Trust Company Americas, the depositary of the Company\'s ADS program.\nGSX Techedu is a technology-driven education company and leading online K-12 large-class after-school tutoring service provider in China.

Key Points: 
  • Holders of the Company\'s American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying shares must act through Deutsche Bank Trust Company Americas, the depositary of the Company\'s ADS program.\nGSX Techedu is a technology-driven education company and leading online K-12 large-class after-school tutoring service provider in China.
  • The Company offers K-12 courses covering all primary and secondary grades through the brand Gaotu K12 as well as foreign language, professional and interest courses through the brandGaotu College.
  • The Company adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China.
  • Big data analytics permeates each aspect of the Company\'s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.\n'

Waterdrop Inc. Announces Pricing of Initial Public Offering

Friday, May 7, 2021 - 11:00am

b'BEIJING, May 7, 2021 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, today announced the pricing of its initial public offering ("IPO") of 30,000,000American depositary shares ("ADSs"), each representing 10Class A ordinary shares of the Company, at a price ofUS$12.0 per ADS.

Key Points: 
  • b'BEIJING, May 7, 2021 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, today announced the pricing of its initial public offering ("IPO") of 30,000,000American depositary shares ("ADSs"), each representing 10Class A ordinary shares of the Company, at a price ofUS$12.0 per ADS.
  • In addition,Waterdrop has granted the underwriters a 30-day option to purchase up to an aggregate of 4,500,000 additional ADSs to cover over-allotment.
  • Founded in 2016, Waterdrop has built an online insurance marketplace and medical crowdfunding platform and is expanding into providing healthcare and pharmaceutical services.
  • For more information, please visit www.waterdrop-inc.com .\n'

Celyad Oncology Announces First Quarter 2021 Financial Results and Recent Business Highlights

Thursday, May 6, 2021 - 9:01pm

We look forward to announcing additional proof-of-concept data from this trial by the end of second quarter of 2021.

Key Points: 
  • We look forward to announcing additional proof-of-concept data from this trial by the end of second quarter of 2021.
  • Net cash burn during the first quarter of 2021 amounted to \xe2\x82\xac5.1 million ($5.9 million), in line with expectations.
  • In April 2021, the Company raised proceeds of \xe2\x82\xac3.3 million ($4.0 million) from the sale of ADSs to LPC.
  • In first quarter 2021, the Company initiated enrollment in dose level 2 (100\xc3\x97106 cells per infusion).

Valneva Announces Launch of Proposed Global Offering, Start of the Roadshow and Nasdaq Listing

Thursday, April 29, 2021 - 11:25am

The Company\xe2\x80\x99s ordinary shares are listed on the regulated market of Euronext in Paris (\xe2\x80\x9cEuronext\xe2\x80\x9d) under the symbol \xe2\x80\x9cVLA.\xe2\x80\x9d The Company has applied to list its ADSs on the Nasdaq Global Market under the ticker symbol \xe2\x80\x9cVALN.\xe2\x80\x9d\nGoldman Sachs, Jefferies, Guggenheim Securities and Bryan, Garnier & Co. are acting as joint bookrunners for the Global Offering.

Key Points: 
  • The Company\xe2\x80\x99s ordinary shares are listed on the regulated market of Euronext in Paris (\xe2\x80\x9cEuronext\xe2\x80\x9d) under the symbol \xe2\x80\x9cVLA.\xe2\x80\x9d The Company has applied to list its ADSs on the Nasdaq Global Market under the ticker symbol \xe2\x80\x9cVALN.\xe2\x80\x9d\nGoldman Sachs, Jefferies, Guggenheim Securities and Bryan, Garnier & Co. are acting as joint bookrunners for the Global Offering.
  • Namsen Capital is acting as Valneva\xe2\x80\x99s capital markets advisor.\nThe offering price per ADS in U.S. dollars and the corresponding offering price per ordinary share in euros, as well as the final number of ADSs and ordinary shares sold in the Global Offering, will be determined following a bookbuilding process commencing immediately.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.\nThe securities referred to in this press release will be offered in the United States only by means of a prospectus (as part of a registration statement on Form F-1).
  • The Company has leveraged its expertise and capabilities both to successfully commercialize two vaccines and to rapidly advance a broad range of vaccine candidates into and through the clinic, including candidates against Lyme disease, the chikungunya virus and COVID-19.\n"

COMPASS Pathways launches proposed public offering

Tuesday, April 27, 2021 - 10:22pm

b'London, UK, April 27, 2021 (GLOBE NEWSWIRE) -- COMPASS Pathways plc (Nasdaq: CMPS) (\xe2\x80\x9cCOMPASS\xe2\x80\x9d), a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the launch of a proposed public offering of 4,000,000 American Depositary Shares (\xe2\x80\x9cADSs\xe2\x80\x9d), each representing one ordinary share.\nEach of the ADSs is being offered by COMPASS.

Key Points: 
  • b'London, UK, April 27, 2021 (GLOBE NEWSWIRE) -- COMPASS Pathways plc (Nasdaq: CMPS) (\xe2\x80\x9cCOMPASS\xe2\x80\x9d), a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the launch of a proposed public offering of 4,000,000 American Depositary Shares (\xe2\x80\x9cADSs\xe2\x80\x9d), each representing one ordinary share.\nEach of the ADSs is being offered by COMPASS.
  • COMPASS expects to grant the underwriters a 30-day option to purchase up to an additional 600,000 ADSs.
  • The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.\nCowen, Evercore ISI and Berenberg are acting as joint book-running managers for the offering.
  • Cantor Fitzgerald & Co. and BTIG, LLC are acting as lead managers for the offering.\nThe proposed offering will be made only by means of a prospectus.

Zai Lab Announces Pricing of Public Offering of American Depositary Shares and Ordinary Shares

Wednesday, April 21, 2021 - 12:40am

In addition, Zai Lab has granted the underwriters a 30-day option to purchase up to an additional 716,400 ADSs at the public offering price, less underwriting discounts and commissions, which purchase will be settled only in ADSs.\nJ.P.

Key Points: 
  • In addition, Zai Lab has granted the underwriters a 30-day option to purchase up to an additional 716,400 ADSs at the public offering price, less underwriting discounts and commissions, which purchase will be settled only in ADSs.\nJ.P.
  • Morgan Securities LLC, Goldman Sachs & Co. LLC, Jefferies LLC, Citigroup Global Markets Inc., SVB Leerink LLC and Guggenheim Securities, LLC are acting as joint book-running managers for the ADS offering.
  • The registration statement on Form S-3ASR and the prospectus supplement are available at the SEC\xe2\x80\x99s website at: http://www.sec.gov.
  • These forward-looking statements should not be relied upon as representing Zai Lab\xe2\x80\x99s views as of any date subsequent to the date of this press release.\n'

Zai Lab Announces Proposed Public Offering of American Depositary Shares

Monday, April 19, 2021 - 9:05pm

b'SHANGHAI and SAN FRANCISCO, April 19, 2021 (GLOBE NEWSWIRE) -- Zai Lab Limited (\xe2\x80\x9cZai Lab\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ:ZLAB, HKEX: 9688), an innovative commercial stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of $750,000,000 of American depositary shares (\xe2\x80\x9cADSs\xe2\x80\x9d), each representing one ordinary share of the Company.

Key Points: 
  • b'SHANGHAI and SAN FRANCISCO, April 19, 2021 (GLOBE NEWSWIRE) -- Zai Lab Limited (\xe2\x80\x9cZai Lab\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ:ZLAB, HKEX: 9688), an innovative commercial stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of $750,000,000 of American depositary shares (\xe2\x80\x9cADSs\xe2\x80\x9d), each representing one ordinary share of the Company.
  • All ADSs will be offered by Zai Lab.
  • Zai Lab expects to grant the underwriters a 30-day option to purchase additional ADSs.
  • Investors have an option to receive ordinary shares of the Company (\xe2\x80\x9cShares\xe2\x80\x9d) in lieu of ADSs in this offering only, and such option will not be available to purchasers of the additional ADSs.\nJ.P.

Lixiang Education to Hold Annual General Meeting on May 28, 2021

Thursday, April 22, 2021 - 1:00pm

b'LISHUI, China, April 22, 2021 /PRNewswire/ -- Lixiang Education Holding Co., Ltd.(NASDAQ: LXEH) ("Lixiang" or the "Company"), a prestigious private primary and secondary education service provider inChina,today announced that it will hold an annual general meeting of shareholders (the "AGM") at No.

Key Points: 
  • b'LISHUI, China, April 22, 2021 /PRNewswire/ -- Lixiang Education Holding Co., Ltd.(NASDAQ: LXEH) ("Lixiang" or the "Company"), a prestigious private primary and secondary education service provider inChina,today announced that it will hold an annual general meeting of shareholders (the "AGM") at No.
  • Holders of the Company\'s American Depositary Shares ("ADSs") at the close of business (New York Time) on April 23, 2021 who wish to exercise their voting rights for the underlying ordinary shares which are represented by their ADSs must act through Citibank, N.A., the depositary of the Company\'s ADSs, and should give voting instructions to Citibank, N.A.
  • The Company\'s education philosophy is to guide the healthy development of students and to establish a solid foundation for their lifelong advancement and happiness.
  • For more information, please visit: www.lixiangeh.com .\n'

Cellectis Completes Sale of $47 million through its ATM program

Friday, April 9, 2021 - 7:30am

It is anticipated that the settlement and delivery of the new ordinary shares will take place on April 12, 2021.

Key Points: 
  • It is anticipated that the settlement and delivery of the new ordinary shares will take place on April 12, 2021.
  • They will be admitted to trading on the market of Euronext Growth and the issued ADSs will trade on Nasdaq.
  • A shelf registration statement on Form F-3 (including a prospectus) relating to Cellectis securities was filed with the SEC and became effective upon filing on June 2, 2020.
  • Words such as anticipates, believes, expects, intends, projects, anticipates, and future or similar expressions are intended to identify forward-looking statements.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of SOS Limited (SOS) Investors

Wednesday, April 7, 2021 - 5:00pm

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired SOS Limited (SOS or the Company) (NYSE: SOS ) American Depositary Shares (ADSs or shares) between July 22, 2020 and February 25, 2021, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired SOS Limited (SOS or the Company) (NYSE: SOS ) American Depositary Shares (ADSs or shares) between July 22, 2020 and February 25, 2021, inclusive (the Class Period).
  • SOS investors have until June 1, 2021 to file a lead plaintiff motion.
  • They also claimed that FXK Technology Corporation (FXK), which SOS announced it would purchase, was actually an undisclosed related party shell.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.