QuantaSing Group Limited Announces Pricing of Initial Public Offering
BEIJING, Jan. 25, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced the pricing of its initial public offering (the “Offering”) of 3,250,000 American Depositary Shares (“ADSs”), each one ADS representing three Class A ordinary shares of the Company with par value of US$0.0001 per share, at a price to the public of US$12.50 per ADS for a total offering size of approximately US40.63 million, assuming the underwriters do not exercise their option to purchase additional ADSs.
- BEIJING, Jan. 25, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced the pricing of its initial public offering (the “Offering”) of 3,250,000 American Depositary Shares (“ADSs”), each one ADS representing three Class A ordinary shares of the Company with par value of US$0.0001 per share, at a price to the public of US$12.50 per ADS for a total offering size of approximately US40.63 million, assuming the underwriters do not exercise their option to purchase additional ADSs.
- Citigroup Global Markets Inc. and China International Capital Corporation Hong Kong Securities Limited are acting as representatives of the underwriters of the Offering, and US Tiger Securities, Inc., CLSA Limited, and Univest Securities LLC are acting as underwriters for the Offering.
- The Company's registration statement relating to the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission.
- The offering is being made only by means of a prospectus forming a part of the effective registration statement.