Li Auto Inc. Launches Global Offering
BEIJING, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Nasdaq: LI) (Li Auto or the Company), an NEV automaker in China, today announced the launch of its global offering (the Global Offering) of 100,000,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 10,000,000 Class A ordinary shares commencing on August 3, 2021, Hong Kong time (the Hong Kong Public Offering) and an international offering of initially 90,000,000 Class A ordinary shares commencing today (the International Offering), and dual-primary listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 2015.
- BEIJING, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Nasdaq: LI) (Li Auto or the Company), an NEV automaker in China, today announced the launch of its global offering (the Global Offering) of 100,000,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 10,000,000 Class A ordinary shares commencing on August 3, 2021, Hong Kong time (the Hong Kong Public Offering) and an international offering of initially 90,000,000 Class A ordinary shares commencing today (the International Offering), and dual-primary listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 2015.
- The offer price for the International Offering tranche of the Global Offering (the International Offer Price) may be set higher than, or the same as, the Maximum Hong Kong Offer Price.
- UBS AG Hong Kong Branch is the Financial Advisor, Joint Global Coordinator, Joint Bookrunner, and Joint Lead Manager for the proposed Global Offering.
- The proposed Global Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Global Offering may be completed, or as to the actual size or terms of the Global Offering.