Simpson Thacher Represents Underwriters in US$167.4 Million NYSE IPO of Jianpu Technology
11.29.17
This is only gets display when printing
The Firm represented the underwriters, Goldman Sachs (Asia) L.L.C., Morgan Stanley, J.P. Morgan and China Renaissance, in connection with the initial public offering and listing on the New York Stock Exchange of American Depositary Shares (ADSs) of Jianpu Technology Inc. The offering of 22,500,000 ADSs, representing 56,250,000 Class A ordinary shares, raised US$167.4 million of gross proceeds to the company before exercise of the greenshoe.
Jianpu Technology is a leading independent open platform for discovery and recommendation of financial products in China. Its ADSs are traded on the New York Stock Exchange under the symbol “JP.”
The Simpson Thacher team for the transaction included Chris Lin, Daniel Fertig, David Lee, Kai Fan and Brian Mathes (Capital Markets); and Jonathan Cantor and Pierce Randolph (Tax).