LexinFintech (LX) halted LUDP shortly after IPO opens
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LexinFintech Holdings Ltd. Announces Pricing of Initial Public Offering
December 21, 2017 8:00 AM UTCSHENZHEN, China, Dec. 21, 2017 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumer finance technology platform for educated young adults in China, today announced the pricing of its initial public offering of 12,000,000 American depositary shares ("ADSs") at a price to the public of US$9.00 per ADS for a total offering size of US$108 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents two Class A ordinary shares. The ADSs are expected to begin trading on the NASDAQ... More
