UP Fintech Announces Pricing of Follow-on Public Offering of American Depositary Shares
UP Fintech Announces Pricing of Follow-on Public Offering of American Depositary Shares
$UP Fintech Holding Ltd(TIGR.US)$ today announced the pricing of a public offering of 6,500,000 American Depositary Shares (「ADSs」), each representing 15 Class A ordinary shares of the Company, at a public offering price of US$24.50 per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 975,000 additional ADSs from the Company.
$UP金融科技控股有限公司(TIGR.US)$今天宣布公开发售650万股美国存托股份(“ADS”)，每股相当于公司15股A类普通股，公开发行价为每股ADS 24.5美元。承销商将有30天的选择权从该公司购买总计97.5万份额外的美国存托凭证。
The ADS offering is expected to close on June 11, 2021, subject to customary closing conditions.
根据惯例的成交条件，ADS的发行预计将于2021年6月11日完成。
The Company expects to use the net proceeds from the ADS offering to (i) expand its customer base and drive customer engagement with its services, (ii) invest in expanding its products, services, and technologies to enhance its user experience and operating efficiency, and (iii) expand its international presence.
该公司预计将利用ADS发售的净收益(I)扩大其客户基础并推动客户对其服务的参与，(Ii)投资于扩大其产品、服务和技术，以增强其用户体验和运营效率，以及(Iii)扩大其国际影响力。
Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, and Tiger Brokers (NZ) Limited are acting as the joint bookrunners for the ADS offering.
花旗全球市场公司、摩根士丹利公司和老虎经纪(新西兰)有限公司将担任ADS发行的联合簿记管理人。