LexinFintech Holdings, an online consumer lending platform in China, raised $108 million by offering 12 million ADSs at $9, the low end of the range of $9 to $11. Insiders purchased $26.6 million (25% of deal size) of the the offering, down from the $28 million originally indicated. LexinFintech Holdings plans to list on the Nasdaq under the symbol LX. Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank and China Renaissance acted as lead managers on the deal.
