CooTek Inc. (CTK) Prices 4.35M ADS IPO at $12/ADS
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CooTek Announces Pricing of Initial Public Offering
September 27, 2018 11:59 PM EDTSHANGHAI, Sept. 27, 2018 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it has priced its initial public offering of 4,350,000 American Depositary Shares ("ADSs"), each representing 50 Class A Ordinary Shares of the Company, at US$12.00 per ADS for a total offering size of US$52.2 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange ("NYSE") on September 28, 2018 under the ticker symbol "CTK".
The underwriters... More
