GDS Announces Launch of Proposed Public Offering of ADSs

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GDS (GDS) prices 5.49M public offering at $45.50/ADS

December 6, 2019 6:27 AM EST

GDS Holdings Limited (GDS or the Company) (Nasdaq: GDS) today announced the pricing of a public offering by it of 5,494,505 American Depositary Shares (ADSs), each representing eight of its Class A ordinary shares, at a public offering price of US$45.50 per ADS. The underwriters have been... More