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Kingsoft Cloud Holdings Ltd IPO

Completed

Kingsoft Cloud Holdings Ltd completed its initial public offering on NASDAQ on May 8, 2020, pricing at $17.00 a share.

Ticker	KC
Exchange	NASDAQ
Status	Completed
Listing date	May 8, 2020
Offering price	$17.00
Shares offered	30,000,000
Total raised	$510M

The offering

Kingsoft Cloud Holdings Ltd sold 30,000,000 shares at $17.00 each on NASDAQ. Multiplied out, that is $510 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $510 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for Kingsoft Cloud Holdings Ltd. This page is general information, not investment advice.