Atour Lifestyle (ATAT) Prices 4.75M ADS IPO at $11/sh

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Atour Lifestyle Holdings Limited Announces Pricing of its Initial Public Offering

November 11, 2022 5:00 AM EST

SHANGHAI, China, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited (Atour or the Company) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, announced today that it has priced its initial public offering of 4,750,000 American Depositary Shares ("ADSs"), each representing three Class A ordinary shares of the Company, at US$11.0 per ADS. The ADSs will begin trading on November 11, 2022 on the Nasdaq Global Select Market under the ticker symbol "ATAT." The offering is expected to close on November 15, 2022, subject to customary closing conditions.

The Company has granted the... More