Kingsoft Cloud Announces Proposed Follow-on Public Offering of American Depositary Shares

Nachrichtenquelle: globenewswire
21.09.2020, 23:02  |  129   |   |   

BEIJING, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the commencement of the offering of 8,000,000 American depositary shares (the “ADSs”), each representing 15 ordinary shares of the Company (the “Primary ADS Offering”). In addition, several selling shareholders are offering 9,677,310 ADSs of the Company (the “Secondary ADS Offering” and, together with the Primary ADS Offering, the “ADS Offering”). Kingsoft Cloud will not receive any proceeds from the sale of ADSs by the selling shareholder. The Company intends to grant the underwriters of the ADS Offering a 30-day option to purchase up to an additional 2,651,600 ADSs from the Company.

J.P. Morgan Securities LLC, UBS Securities LLC, Credit Suisse Securities (USA) LLC, China International Capital Corporation Hong Kong Securities Limited and Goldman Sachs (Asia) L.L.C. are acting as the joint book-running managers for the ADS Offering.

A preliminary prospectus related to the proposed ADS Offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. The ADSs may not be sold nor may offers to buy be accepted prior to the time the registration statement on Form F-1 containing the preliminary prospectus becomes effective under the Securities Act of 1933, as amended. A preliminary prospectus for the offering may be obtained from (1) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone: 1-866-803-9204, or by emailing at prospectus-eq_fi@jpmchase.com; (2) UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone at 1-888-827-7275 or by emailing ol-prospectus-request@ubs.com; (3) Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 11 Madison Avenue, New York, NY 10010-3629, United States of America, by telephone 1-800-221-1037, or by emailing at usa.prospectus@credit-suisse.com; (4) China International Capital Corporation Hong Kong Securities Limited, 29th Floor, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong; and (5) Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-212-902-1171, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com.

Seite 1 von 3
Kingsoft Cloud Holdings Aktie jetzt ab 0€ handeln - auf Smartbroker.de



Diesen Artikel teilen

0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Meistgelesene Nachrichten des Autors

Titel
Titel
Titel
Titel