AiHuiShou International Prices IPO At $14 Per Share; Trading Begins Today

Chinese technology-driven pre-owned consumer electronics transactions and services platform AiHuiShou International Co Ltd (NYSE:RERE) priced 16.2 million ADSs at $14 per share to raise $227 million in its initial public offering.
Every three ADSs represent two shares.
The shares are estimated to begin trading on the NYSE under the “RERE” symbol from today.
The underwriters have a 30-day option to procure 2,434,950 additional ADSs.
Goldman Sachs (Asia) L.L.C., BofA Securities, Inc., and China Renaissance Securities (Hong Kong) Limited are acting as the joint bookrunners of the offering.