Easy Car Net price below 30 US dollar two IPO

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Beijing Time December 9 Evening News, the Easy Car Network (Nyse:bita) announced in Friday, will be a share of the United States Depository (hereinafter referred to as "ADS") 30 U.S. dollar price two times to sell 2,749,200 shares ADS.

The easy Car network announced in Friday, will sell 2,749,200 ads two times. The company provides 1,264,855 shares, the sale of shareholders will issue 1,484,345 per share ads priced 30 U.S. dollars.

At the same time, the easy Car network also granted underwriters a 30-day excess placement rights, up to 30 U.S. dollars per share of the price of additional 410,800 shares of ads.

This Monday, the convertible stock resale price was reported at 27.60 U.S. dollars, meaning that investors can be less than two times the price of 8% to buy the convertible stock.

In the past year, the minimum share price for the net was $5.90 trillion, up from $35.04, compared with a closing of $28.54 in Friday.