Easy Car Network and a sales shareholder will be sold at a price of USD 30.00 per share

Nyse:bita announced today that the company and a stock-selling shareholder will sell 2749200 U.S. depository Shares (ADS) at a price of $30.00 per share. Among them, the easy car network will sell 1264855 shares of ads, and sales shareholders will sell 1484345 shares ads.

The ads per share of the easy car Network is equal to 1 shares of common stock. In this release, the easy Car network will provide underwriters with 30 days of oversubscribed options. In the event of oversubscribed, the net will provide the underwriters with a maximum of 410800 shares in the price of 30.00 US dollars per share of ads.

The proceeds from the stock sale will be about $36.1 million trillion, and if the underwriters fully exercise the excess allotment, it will reach $47.9 million. The net will not gain any proceeds from the sale of shares by the selling shareholders. The following public offerings include Credit Suisse, Morgan Stanley and Citigroup's global market.

The Securities and Exchange Commission announced on December 5 that the registration notices related to these securities are valid.