Skip To The Main Content

News & Events

Matter Highlights Go Back

Simpson Thacher Represents Underwriters in Connection with the U.S. IPO of Q&K

11.19.19

Simpson Thacher represented the underwriters, Morgan Stanley and CICC, in connection with the initial public offering and listing on the Nasdaq Global Market of Q&K International Group Limited (“Q&K”). The offering comprised 3,105,000 American Depositary Shares (“ADSs”), representing 93,150,000 Class A ordinary shares. The offering size was US$52.785 million.

Q&K is a leading technology-driven long-term apartment rental platform in China. Q&K’s ADSs are traded on the Nasdaq Global Markets under the symbol “QK”.

The Simpson Thacher team for the transaction included Chris Lin, Kai Fan and Sarah Tang (Capital Markets); and Jonathan Cantor and Sergio A. Torres (Tax).