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Chinese edtech Jianzhi discloses terms for proposed $30M US IPO

July 7, 2022
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Chinese edtech Jianzhi discloses terms for proposed $30M US IPO [Jianzhi Education Technology Group Co Ltd - ADR (JZ)] By: [Val Kennedy] , SA News Editor Chinese edtech Jianzhi Education Group ( JZ ) has disclosed terms for a proposed $30M US initial public offering. The Beijing-based provider of digital educational content said it is looking to offer 5M American Depositary Shares, with each ADS representing two ordinary shares, priced between $5 and $7 per ADS, which would raise around $30M if priced at the midpoint. Underwriters would be granted a 30-day option to buy up to 750K additional ADSs....
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China Tech Buzz Topics: American depositary shares | Beijing | China | Chinese | content | digital | editor | education | entrepreneurship | initial public offering | ipo | IT | nasdaq | news | online | revenue | shares | stock market | technology | training

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