WiMi Hologram Cloud (WIMI) Prices 4.75M ADS IPO at $5.50/ADS
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WiMi Hologram Cloud Inc. Announces Pricing of Initial Public Offering
April 1, 2020 12:17 AM EDTBEIJING, April 1, 2020 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading holographic augmented reality ("AR") application platform in China, today announced the pricing of WiMi's underwritten initial public offering of 4,750,000 American Depositary Shares ("ADSs"), each representing two Class B ordinary shares of the Company, at US$5.50 per ADS for a total offering size of $26.1 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs have been approved for listing on the NASDAQ Global Market... More
