Litters group determines landing Nasdaq time, the stock code is "WOWO"

February 25 News, February 25, litters will officially listed on the Nasdaq, the stock code is "Wowo", plans to issue 6 million U.S. depository shares (equivalent to 108 million common shares), the IPO price for the United States depository shares of 9 US dollars to 11 U.S. dollars, the highest financing amount of about 65 million U.S. dollars, The market value is about 384 million dollars.

February 4, the Litters group prospectus has been submitted. The prospectus shows that the litters group plans to issue 6 million U.S. depository shares (equivalent to 108 million common shares) with a price of $9 to 11 U.S. depository shares per share, with a maximum financing amount of about $65 million. In the middle value per share of the United States depository shares 10 U.S. dollars, litters group market value of about 384 million U.S. dollars.

According to the original prospectus, Litters Group 2014 years ago 9 months net revenue of 20.642 million U.S. dollars, compared to the same period in 2013 for 27.633 million dollars, gross profit of 15.126 million U.S. dollars, compared to 2013 the same period of 22.894 million U.S. dollars, the net loss of 32.447 million U.S. dollars, compared with the 2013 net loss of 21.121 million U.S. dollars.

Prior to submitting the IPO prospectus, litters's directors and executive shares were as follows: The Chairman and CEO Xu Maodong beneficially held about 175 million shares, with a stake of 37.35%;xiaoyi Niu Beneficially holding about 80.54 million shares, with a stake of 17.19%;jianguang Wu beneficially holds about 38.12 million shares, with a stake of 8.13%;frank Zhigang Zhao Beneficially holding about 10.37 million shares, with a stake of 2.21% per cent. The total number of shares beneficially held by directors and executives of the litters group is about 312 million shares, with a total shareholding of 66.61% per cent.

Among the main shareholders, CDH Barley 2¥q beneficially holds about 80.54 million shares, the proportion of which is 17.19%;tianyou investment 2¥q beneficially holds about 47.42 million shares, holding a ratio of 9.94%.

The litters group, in its first prospectus to the SEC on January 10, said that as China's E-commerce platform for local life services, litters focused on providing online sales platforms for local life service businesses in China, and local life service businesses opened online shops on the litters platform to sell their services or products directly to consumers.