Secoo Holding Limited (SECO) Prices 8.5M ADS IPO at $13/Sh
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Secoo Holding Limited Announces Pricing of Initial Public Offering
September 22, 2017 7:30 AM EDTBEIJING, Sept. 22, 2017 (GLOBE NEWSWIRE) -- Secoo Holding Limited (Secoo or the Company) (NASDAQ: SECO), Asia's largest online integrated upscale products and services platform, today announced the pricing of its initial public offering of 8,500,000 American depositary shares (ADSs) at a price to the public of US$13.00 per ADS for a total offering size of approximately US$110.50 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each two ADSs represent one Class A ordinary share. The ADSs are expected to begin trading on the NASDAQ Global Market today under the symbol SECO.
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