![]() IPO Boutique shall not be liable for any direct, indirect, incidental, special or consequential damages resulting from the use of our website and publications or resulting from unauthorized access to or alteration of users' transmissions or data, including but not limited to, damages for loss of profits, use or data, even if IPO Boutique has been advised of the possibility of such damages. However, we are not compensated in any way for publishing information about subject companies. ![]() IPO Boutique, and its affiliates may own stock, purchase stock in the companies mentioned on our website and may elect to increase or decrease the size of these positions at any time. We cannot guarantee the success of any action taken in reliance on statements made by IPO Boutique. They are not intended to be absolute recommendations to buy, hold or sell securities but carefully chosen advisory information, or an endorsement of any specific security or trading strategy. We encourage our readers to invest carefully and study the educational information available at the web sites of the Securities and Exchange Commission ("SEC") (and the National Association of Securities Dealers ("NASD") (Comments by IPO Boutique, including our e-mail alerts and advisories are the observations of the staff of IPO Boutique. Readers should consult with professional investment advisors and conduct their own research before acting on information published by IPO Boutique. Investing in the public stock market is risky and market conditions change regularly. We endeavor to research the financial industry and obtain independent verification of factual statements before presenting them to our users, but we cannot assure absolute accuracy. ![]() IPO Boutique aggregates information on public companies and private companies, which is intended to educate our readers and help them evaluate potential investment opportunities and market conditions. Of the approximately 2.0 million real estate agents in China, more than 911,000 were on its platform as of December 31, 2018, representing a penetration rate of over 45%.This content is restricted to IPO Boutique Subscribers FangDD operates China’s largest online real estate marketplace as measured by the number of registered agents on its marketplace as of December 31, 2018. Through innovative use of mobile internet, cloud and big data, FangDD has fundamentally revolutionized the way real estate agents conduct business through a suite of modular products and services powered by technology. (NASDAQ: DUO) (“FangDD” or the “Company”) is a leading property technology company in China. A copy of the prospectus relating to the offering may be obtained by contacting:Įmail: International Capital Corporation Hong Kong Securities Limitedġ Harbour View Street, Central, Hong Kongįangdd Network Group Ltd. The offering of the securities is made only by means of a prospectus forming a part of the effective registration statement. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. LLC, UBS Securities LLC, China International Capital Corporation Hong Kong Securities Limited, and AMTD Global Markets Limited are acting as joint book runners for the offering.įangDD’s registration statement relating to the offering has been filed with, and declared effective by, the U.S. The underwriters have been granted an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 900,000 additional ADSs at the initial public offering price less the underwriting discounts and commissions. The ADSs have been approved for listing on the Nasdaq Global Market and are expected to begin trading on Novemunder the ticker symbol “DUO.” (NASDAQ: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced that it has priced its initial public offering of 6,000,000 American Depositary Shares (“ADSs”), each representing 25 Class A ordinary shares, at US$13.00 per ADS for a total offering size of approximately US$78,000,000, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. 01, 2019 (GLOBE NEWSWIRE) - Fangdd Network Group Ltd.
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