Pintec Technology Holdings Ltd. (PT) Prices 3.725M ADS IPO at $11.88/Sh

Pintec Technology Holdings Limited (NASDAQ: PT), a leading independent technology platform enabling financial services in China, today announced the pricing of its initial public offering of 3,725,000 American depositary shares (“ADSs”), each representing seven Class A ordinary shares of the Company, at US$11.88 per ADS for a total offering size of US$44.3 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs have been approved for listing on the Nasdaq Global Market and are expected to begin trading today under the symbol “PT.”

The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 558,750 ADSs.

Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc., and Citigroup Global Markets Inc. are acting as joint bookrunners for the offering. ICBC International Securities Limited as co-manager, is offering and selling the ADS outside the United States to non-U.S. persons.

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