LIZHI INC. Announces Pricing of Initial Public Offering
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LIZHI (LIZI) IPO Opens Flat
January 17, 2020 10:27 AM ESTToday's IPO for LIZHI INC. (NASDAQ: LIZI) opened for trading at $11.03 after pricing 4,100,000 American depositary shares (ADSs), at US$11.0 per ADS for a total offering size of approximately US$45.1 million, assuming the underwriters do not exercise their over-allotment option to purchase any additional ADSs. Each ADS represents twenty Class A ordinary shares of the Company. The ADSs are expected to begin trading on the... More
