Li Auto Inc. (LI) Prices 47M ADS Follow-On Offering at $29/ADS
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Li Auto Inc. Announces Pricing of Follow-on Public Offering of American Depositary Shares
December 4, 2020 6:32 AM ESTBEIJING, China, Dec. 04, 2020 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced the pricing of its underwritten follow-on offering of 47,000,000 American depositary shares (ADSs), each representing two Class A ordinary shares of the Company, at a public offering price of US$29.00Â per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 7,050,000 additional ADSs from the Company. The offering is expected to close on December 8, 2020, subject to customary closing conditions.
