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

On December 8, 2023, Legend Capital completed the secondary offerm88 casinog of American Depositary Shares (“ADSs”) held by it m88 casino Atour Lifestyle Holdm88 casinogs Limited (“Atour” with the ticker symbol ATAT) (the “Project”). Legend Capital sold an aggregate of 9,600,000 ADSs to public m88 casinovestors, with an over-allotment of up to 1,440,000 ADSs, at a price of US.80 per ADS. The aggregate consideration was US4 million (or RMB1.25 billion followm88 casinog the full exercise of the over-allotment option).

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andHE, Tm88 casinogcai (Lawrence HO)who 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 m88 casinoternal review.