Two Chinese companies raised a combined $138 million to close out 2017 with an even 160 IPOs. The deals included online lender LexinFintech Holdings and adtech firm iClick Interactive. Given the recent sell-off of US-listed...read more
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...read more
Four companies are targeting $247 million in the last active week of the 2017 IPO market. LexinFintech, a Chinese online microloan company, leads the pack with the largest deal of the week. Other IPOs include a life insurer and two small health care deals. While...read more
LexinFintech Holdings, an online provider of installment-based loans to young Chinese consumers, announced terms for its IPO on Wednesday. The Shenzhen, China-based company plans to raise $120 million by offering 12 million shares (23% insider) at a price...read more
US IPO Weekly Recap: 2 Chinese deals cap off 2017
Two Chinese companies raised a combined $138 million to close out 2017 with an even 160 IPOs. The deals included online lender LexinFintech Holdings and adtech firm iClick Interactive. Given the recent sell-off of US-listed...read more
Lexin prices IPO at $9, the low end of the range
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...read more
US IPO Week Ahead: 4-IPO week to close out 2017
Four companies are targeting $247 million in the last active week of the 2017 IPO market. LexinFintech, a Chinese online microloan company, leads the pack with the largest deal of the week. Other IPOs include a life insurer and two small health care deals. While...read more
Chinese online lender LexinFintech sets terms for $120 million US IPO
LexinFintech Holdings, an online provider of installment-based loans to young Chinese consumers, announced terms for its IPO on Wednesday. The Shenzhen, China-based company plans to raise $120 million by offering 12 million shares (23% insider) at a price...read more