Phoenix Tree Holdings Ltd. (DNK) Prices 9.6M ADS IPO at $13.50/ADS
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Phoenix Tree Holdings Limited ("Danke") Announces Pricing of Initial Public Offering
January 17, 2020 7:00 AM ESTBEIJING, Jan. 17, 2020 /PRNewswire/ --Â Phoenix Tree Holdings Limited ("Danke" or the "Company") (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, today announced the pricing of its initial public offering of 9,600,000 American Depositary Shares ("ADSs"), each representing ten Class A ordinary shares of the Company, assuming the underwriters do not exercise their option to purchase additional ADSs, at US$13.50 per ADS. The ADSs will begin trading today on the New York Stock Exchange under the ticker symbol "DNK".
The Company has granted to the... More
