36Kr Holdings (KRKR) IPO Opens 13% Lower
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36Kr Holdings Inc. Announces Pricing of Initial Public Offering
November 8, 2019 6:00 AM ESTBEIJING, Nov. 08, 2019 (GLOBE NEWSWIRE) -- 36Kr Holdings Inc. (36Kr or the Company) (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced that it has priced its initial public offering of 1,380,000 American depositary shares (ADSs) at US$14.5 per ADS for a total offering size of approximately US$20.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 25 Class A ordinary shares of the Company. The ADSs are expected to begin trading on the Nasdaq Global Market today under the... More
