m88 casino Advises Legend Capital on its Secondary Offering of ADSs in Atour

2023.12.11

m88 casino December 8, 2023, Legend Capital completed the secm88 casinodary offering of American Depositary Shares (“ADSs”) held by it in Atour Lifestyle Holdings Limited (“Atour” with the ticker symbol ATAT) (the “Project”). Legend Capital sold an aggregate of 9,600,000 ADSs to public investors, with an over-allotment of up to 1,440,000 ADSs, at a price of US.80 per ADS. The aggregate cm88 casinosideratim88 casino was US4 millim88 casino (or RMB1.25 billim88 casino following the full exercise of the over-allotment optim88 casino).


m88 casino acted as the PRC legal counsel to both the selling shareholder Legend Capital and Atour (with their prior consent). By conducting the legal due diligence in China, drafting the legal opinions and providing other comprehensive, high-quality and efficient legal services to Legend Capital and Atour, m88 casino’s team assisted the clients in successfully completing the transaction. It was Atour’s third open-market project that m88 casino’s team had advised on, after assisting with its initial public offering of shares and listing on NASDAQ in November 2022 and advising on the initial registration and offering of certain Atour ADSs by Legend Capital in July 2023. m88 casino’s team was recognized and trusted by the issuer, the underwriters and the other intermediaries for its detail-oriented expertise, dedicated attitude and professional services.


The m88 casino team was led by partnersM88 Game ,合伙人,专业领域,资本市场,私募股权创业投资andwho was also responsible for the specific work of the Project. m88 casino partnerM88 Malaysia ,专业排名,机构奖项,交易奖项,律师榜单,社会责任provided great support for the internal review.

m88 casino
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by m88 casino and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.