AESTHETIC MEDICAL INTERNATIONAL HOLDINGS GROUP LIMITED ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING
Aesthetic Medical International Holdings Group Ltd. - American Depositary Shares (AIH)
Company Research
Source: GlobeNewswire
Shenzhen, China, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Aesthetic Medical International Holdings Group Limited (the “Company” or Nasdaq: AIH), a leading provider of aesthetic medical services in China, today announced the closing of its previously announced initial public offering of 2,500,000 American Depositary Shares (the “ADSs”), each representing three ordinary shares of the Company, at US$12.00 per ADS for the total offering size of approximately US$30.0 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. The ADSs began trading on October 25, 2019, U.S. Eastern time, on the Nasdaq Global Market under the symbol “AIH.” The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 375,000 additional ADSs at the public offering price less the underwriting discounts and commissions. The total gross proceeds of the offering are expected to
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