Puxin, which provides K-12 after-school tutoring services in China, filed on Friday with the SEC to raise up to $300 million in an initial public offering.
The Beijing, China-based company was founded in 2014 and booked $248 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol NEW. Citi, Deutsche Bank, Barclays, Haitong and CICC are the joint bookrunners on the deal. No pricing terms were disclosed.
