WiMi Hologram Cloud (WIMI) Prices 7.56M ADS Offering at $8.18/ADS
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WiMi Hologram Cloud Inc. Announces Pricing of Public Offering
July 27, 2020 9:15 AM EDTBEIJING, July 27, 2020 (GLOBE NEWSWIRE) -- 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 WiMis best efforts public offering of 7,560,000 American Depositary Shares (ADSs), each representing two Class B ordinary shares of the Company, at US$8.18 per ADS for a total offering size of up to $61,840,800. Participants in the offering are expected to include a select group of institutional investors in both the US and Asia including WB Online Investment Limited, an affiliate of Weibo Corporation (NASDAQ: WB).
Closing of the... More
