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.
$UP金融科技控股有限公司(TIGR.US)$今天宣佈公開發售650萬股美國存托股份(“ADS”)，每股相當於公司15股A類普通股，公開發行價為每股ADS 24.5美元。承銷商將有30天的選擇權從該公司購買總計97.5萬份額外的美國存託憑證。
The ADS offering is expected to close on June 11, 2021, subject to customary closing conditions.
根據慣例的成交條件，ADS的發行預計將於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.
該公司預計將利用ADS發售的淨收益(I)擴大其客户基礎並推動客户對其服務的參與，(Ii)投資於擴大其產品、服務和技術，以增強其用户體驗和運營效率，以及(Iii)擴大其國際影響力。
Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, and Tiger Brokers (NZ) Limited are acting as the joint bookrunners for the ADS offering.
花旗全球市場公司、摩根士丹利公司和老虎經紀(新西蘭)有限公司將擔任ADS發行的聯合簿記管理人。