Ruhnn Holding, which China's largest platform connecting consumers and brands through key opinion leaders, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering.
The Hangzhou, China-based company was founded in 2016 and booked $157 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol RUHN. Ruhnn Holding filed confidentially on October 19, 2018. Citi and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
