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0.0335448776065277 0.0607434270172259 0.191704442429737 0.325475974614687 0.256119673617407 0.223028105167724 0.14505893019039 0.162275611967362
Stock impact report

LIZHI INC. Announces Pricing of Initial Public Offering

LIZHI INC. - American Depositary Shares (LIZI) 
Company Research Source: GlobeNewswire
GUANGZHOU, China, Jan. 17, 2020 (GLOBE NEWSWIRE) -- LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it has priced its initial public offering of 4,100,000 American depositary shares (“ADSs”), at US$11.0 per ADS for a total offering size of approximately US$45.1 million, assuming the underwriters do not exercise their over-allotment option to purchase any additional ADSs. Each ADS represents twenty Class A ordinary shares of the Company. The ADSs are expected to begin trading on the Nasdaq Global Market today under the ticker symbol “LIZI.” The Company has granted to the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 615,000 additional ADSs at the initial public offering price. Citigroup Global Markets Inc, Haitong International Securities Company Limited, AMTD Global Markets Limit Show less Read more
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