China's Didi raises $4.4 billion in upsized U.S. IPO
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DiDi Global Inc. (DIDI) Prices 316.8M ADS IPO at $14/ADS
June 30, 2021 8:01 AM EDTDiDi Global Inc. (NYSE: DIDI), the worlds leading mobility technology platform, today announced the pricing of its initial public offering of 316,800,000 American Depositary Shares (ADSs), each four ADSs representing one Class A ordinary share of the Company, at a price to the public of US$14.00 per ADS for a total offering size of US$4.4 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on June 30, 2021, under the symbol DIDI. The closing of the offering is expected to occur... More
