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The Firm represented Charm Communications Inc. in connection with its initial public offering and Nasdaq Global Market listing of its American depositary shares.  The public offering of 7,812,500 American depositary shares representing 15,625,000 ordinary shares of Charm raised a total of US$74.2 million, before deducting underwriting commissions and expenses. The lead underwriter for the offering was Credit Suisse Securities (USA) LLC, and the other underwriters were Oppenheimer & Co. Inc. and Piper Jaffray & Co. 

Charm is a leading domestic television advertising agency in China. Charm offers a broad range of television advertising agency services from planning and managing advertising campaigns to creating and placing advertisements, and engages in media investment management through identifying, securing and selling television advertising resources.  Charm’s American depositary shares are listed and traded on the Nasdaq Global Market under the symbol “CHRM”.

The Simpson Thacher team for the transaction included Chris Lin, Asher Hsu, Richard Lin and Howie Farn (Corporate) and Andrew Cohen (Tax). Paralegal Jeffrey Wang also provided valuable assistance.