Uxin Limited Announces Pricing of Initial Public Offering
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Uxin Limited (UXIN) IPO Opens 16% Higher
June 27, 2018 11:55 AM EDTToday's IPO for Uxin Limited (NASDAQ: UXIN) opened for trading at $10.40 after pricing 25 million American depositary shares (ADSs), each representing three ordinary shares, at a price to the public of $9 per ADS. Concurrent with the private placement of $175 million of convertible bonds, the total amount raised is $400 million, assuming the underwriters do not exercise their option to... More
