Weibo (WB) Prices Global 11M Share Offering at HK $272.8/sh

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Weibo Announces Pricing of Global Offering

December 2, 2021 7:30 AM EST

BEIJING, Dec. 2, 2021 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media platform in China, today announced the pricing of the global offering (the "Global Offering") of an aggregate of 11,000,000 Class A ordinary shares of the Company. Weibo is offering 5,500,000 Class A ordinary shares of the Company (the "New Shares") and Sina Corporation (the "Selling Shareholder") is offering 5,500,000 Class A ordinary shares of the Company, which are to be converted from the same number of Class B ordinary shares of the Company prior to... More