Zhangmen Education Inc. (ZME) Prices 3.623M ADS IPO at $11.50/Sh
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Zhangmen Education Inc. Announces Pricing of Initial Public Offering
June 8, 2021 4:20 AM EDTSHANGHAI, June 8, 2021 /PRNewswire/ -- Zhangmen Education Inc. ("Zhangmen" or the "Company") (NYSE: ZME), a leading online education company in China focused on providing personalized online courses to K-12 students, today announced the pricing of its initial public offering (the "IPO") of 3,623,000 American Depositary Shares ("ADSs"), at US$11.50 per ADS, for a total offering size of US$41.7 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents nine Class A ordinary... More
