Boqii Holding, China's largest pet-focused online retailer, raised $70 million by offering 7 million ADSs at $10, the low end of the range of $10 to $12. At pricing, the company raised 9% less in proceeds than anticipated.
Boqii Holding plans to list on the NYSE under the symbol BQ. Roth Capital, CMB International Capital and Valuable Capital acted as lead managers on the deal.