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PDD Holdings Inc. IPO

Completed

PDD Holdings Inc. completed its initial public offering on NASDAQ on July 26, 2018, pricing at $19.00 a share.

TickerPDD
ExchangeNASDAQ
StatusCompleted
Listing dateJuly 26, 2018
Offering price$19.00
Shares offered85,600,000
Total raised$1,626M

The offering

PDD Holdings Inc. sold 85,600,000 shares at $19.00 each on NASDAQ. Multiplied out, that is $1.63 billion in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $1.63 billion total recorded for the deal.

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Source: SEC EDGAR filings for PDD Holdings Inc.. This page is general information, not investment advice.