Ppdai Group Inc. (NYSE:PPDF)

WEB NEWS

Friday, November 10, 2017

Research

China IPO - PPDAI Group Inc. (NYSE: PPDF), a leading online consumer finance marketplace in China, announced the pricing of an IPO of 17 million ADS’ at a price of US$13.00 per ADS for a total offering size of approximately US$221 million, assuming the underwriters do not exercise their option to purchase additional ADS’. Each ADS represents five Class A ordinary shares. The ADS’ will start trading on NYSE today under the symbol "PPDF." The implied market cap is about US$2.4 billion.



Market Data powered by QuoteMedia. Terms of Use