2021-04-25
On April 23, 2021 (US Eastern Time), Futu Holdings Limited (“Futu Holdings”, stock code: FUTU) completed the follow-on offering of the American Depositary Shares (“ADSs”) on the Nasdaq Stock Exchange. Futu Holdings offered 10,925,000 ADSs (including 1,425,000 additional ADSs through the exercise of the option in full by the join༒t underwriters) at the offering price of US$130 per ADS and raised approximately US$1,420 million in gross pro♑ceeds (“Offering”).
Futu Holdings is an advanced technology company specialized in offering a fully digitized brokerage and wealth management platforꦇm covering multiple markets to users, and its core services include s♊tock trading and clearing, margin financing and wealth management. Besides, Futu Holdings also provides IPO subscription and ESOP solution services to corporate clients under brand Futu I&E.
Haiwen & Partners, as the PRC legal counsel of the joint underwriters BofA Securities, Inc. and Haitong International Securities Company Limited, ℱprovided professional legal advice and effective solutions with respect to the PRC laws to this⛦ Offering.
Haiw🉐en team advising on this Offering is led by Ji Hu and Jinen Zhang, and the team members include Yuqing Gu, Min Li and other colleagues.
On April 23, 2021 (US Eastern Time), Futu Holdings Limited (“Futu Holdings”, stock code: FUTU) completed the follow-on offering of the American Depositary Shares (“ADSs”) on the Nasdaq Stock 𒁃Exchange. Futu Holdings offered 10,925,000 ADSs (including 1,425,000 additional ADSs through the exercise of the option in full by the joint underwriters) at the offering price of US$130 per ADS and raised approximately US$1,420 mi🍎llion in gross proceeds (“Offering”).
Futu Holdings is an advanced technology company specialized in offering a fully digitized brokerage and wealth managemღent platform covering multiple markets to users, and its cor𒐪e services include stock trading and clearing, margin financing and wealth management. Besides, Futu Holdings also provides IPO subscription and ESOP solution services to corporate clients under brand Futu I&E.
Haiwen & Partners, as the PRC legal counsel of the joint underwriters BofA Securities, Inc. and Haitong International Securities Company Limited, provided professional legal advice and effective solutions wi♔th respect to the PRC laws to this Offering.
Haiwen team advising onꦓ this Offering is led by Ji Hu and Jinen Zhang, and t♓he team members include Yuqing Gu, Min Li and other colleagues.