Thunder close 14.90 U.S. dollars than the IPO price rose 24.17%

June 25 Morning News, Thunder last night on the Nasdaq officially listed, the stock code for "Xnet", the issue price for each share of the United States Depository Shares (ADS) 12 U.S. dollars, financing 87.78 million U.S. dollars. Thunderbolt listed on the first day of the closing price of 14.90 U.S. dollars, a rise of 24.17%, the market value of about 1.034 billion U.S. dollars.

Thunder May 24 to the United States Securities and Exchange Commission (SEC) submitted a prospectus, plans to raise up to 100 million U.S. dollars of funds. The IPO will sell 7.315 million ads (US depository shares) to finance 87.78 million dollars.

JPMorgan Chase, Citigroup, investment firm Stifel Nicolaus and Oppenheimer will act as underwriters for the Thunder IPO deal. The IPO thunderbolt has granted underwriters a 30-day additional placement option, allowing the latter to purchase additional 1,097,250 U.S. Depository receipts for IPO pricing minus underwriting discounts and commission prices.

Previously updated documents also disclosed the Thunder IPO before and after the ownership structure changes. After the IPO, most of the main and selling shareholders will be diluted, but millet wind and Jinshan software will have a higher shareholding ratio.

Thunder director and Executive's shareholding ratio is as follows: Shenglong now the proportion of 12.6%,ipo will fall to 9.5%, Chenghao the proportion of 5.0%,ipo will be reduced to 3.8% after the Liu shareholding ratio is 1.3%,ipo to remain unchanged after the comprehensive shareholding ratio of 9.7%,IPO will be reduced to 7.7 %。 The total shareholding of all directors and executives will fall to 22.5% per cent after 28.8%,ipo.

Thunder Main and the sale shareholder's shareholding proportion is as follows: The Millet wind throws (Xiaomi Ventures) The shareholding proportion is 27.2%,ipo to rise to 28.8%; Morningside Technology Investment Group shareholding ratio 14.5%,ipo to 10.9%;vantage point Global shareholding ratio 12.6%,ipo to 9.5%, Jinshan software (King Venture) shareholding ratio 12.2%,ipo will rise to 13%;IDG target after the proportion of 9.7%,ipo to 7.7%;ceyuan Target shareholding ratio of 5.4%,IPO to 4.1%;skyline Global shareholding was 5.7%,IPO to the 5.4%;aiden after the proportion of & Jasmine to 5.0%,ipo after the fall to 3.8%.