DSC Holdings files for Nasdaq IPO at $16 to $18 per ADS
DSC Holdings Ltd. has filed for an initial public offering of 3,000,000 American depositary shares (ADSs) on the Nasdaq Global Market under the ticker symbol "DSC," according to a press release statement.
Each ADS represents 20 Class A ordinary shares, with a par value of $0.0001 per share, bringing the total number of Class A ordinary shares represented to 60,000,000.
The company has set an anticipated price range of $16.00 to $18.00 per ADS. Prior to this offering, no public market existed for the ADSs or the Class A ordinary shares.
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