2019.11.14
On November 5, 2019, Q&K International Group Limited ("Q&K") was successfully launched on m88 sport betting app Nasdaq (Stock Code: QK). On m88 sport betting app day of listing, Q&K issued 2,700,000 American depositary shares (“ADS”, which is equivalent to 30 shares of Class A common stock of Q&K) at a price of per share. On November 13, 2019, m88 sport betting app underwriters exercised m88 sport betting app over-allotment options to subscribe for 405,000 ADS issued by Q&K. m88 sport betting app total amount of funds raised from m88 sport betting app listing and m88 sport betting app over-allotment was US.785 million.
As a leading apartment rental platform in China , Q&K offers young urban residents conveniently-located and long-term apartment services with high-quality value-added services. At present, m88 sport betting app number of Q&K's rentable units is ranked number one in m88 sport betting app Yangtze River Delta region and in m88 sport betting app top three nationwide.
JunHe has been retained as Q & K’s PRC law firm since 2015, and assisted m88 sport betting app company in completing m88 sport betting app legal requirements, from m88 sport betting app set-up of m88 sport betting app overseas red-chip structuring, m88 sport betting app configuration of A and B shares, and m88 sport betting app A to C+ rounds of US dollar financing for m88 sport betting app Nasdaq listing. With m88 sport betting app background of drastic changes in both m88 sport betting app domestic and foreign market environments and m88 sport betting app continuous updates of m88 sport betting app domestic regulatory laws and policies, JunHe provided an accurate analysis of regulatory trends for Q&K. m88 sport betting app team provided feasible solutions to m88 sport betting app PRC legal issues involved, and made its own contribution to Q&K's final successful move to m88 sport betting app capital market. With m88 sport betting appir outstanding professional legal service, JunHe’s team was highly recognized by Q&K, m88 sport betting app underwriters and m88 sport betting app om88 sport betting appr agencies involved.
m88 sport betting app lead partners in this matter were Mr.and Mr.M88 Game 并在众多案件中被指定为首席仲裁员。.