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Chinese peer-to-peer lender Golden Bull sets terms for $9 million US IPO

December 22, 2017
Bit Digital (Golden Bull) logo

Golden Bull, an online peer-to-peer lending platform in China, announced terms for its IPO on Friday.

The Shanghai, China-based company plans to raise $9 million by offering 2 million shares at a price range of $4.00 to $4.50. At the midpoint of the proposed range, Golden Bull would command a market value of $64 million.

Golden Bull was founded in 2015 and booked $5 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol DNJR. ViewTrade is the sole bookrunner on the deal. No timing on pricing was disclosed.