Millet in the Thunder shareholding ratio increased by 3%

Source: Internet
Author: User
Keywords Shares Thunderbolt and then buy
Tags common stock company converted into public stock total total value

Absrtact: June 18 News, the Thunderbolt in the updated version of the prospectus, said that in the company's initial public offerings, Millet will subscribe to the total value of up to 22.7 million U.S. dollars, converted from preferred shares to the Thunder common stock, millet in the thunder of the proportion of shares also increased

June 18 News, the Thunderbolt in the updated version of the prospectus, said that in the company's initial public offerings, Millet will subscribe to the total value of up to 22.7 million U.S. dollars, from preferred shares converted into the Thunder common shares, millet in the thunder of the proportion of the shares also increased by 3%.

The Thunderbolt prospectus shows that Millet and thunder reached a subscription agreement in June, the former will be the latter IPO, from Joinway Investments 2¥q, Ceyuan Ventures I,L.P, Ceyuan Ventures, The LLC has subscribed to the common stock of 7,077,959 shares of Class B preferred Shares and 3,242,280 stock a preferred shares.

Thunderbolt Preferred stock and common stock conversion rate is 1:1, that is to say, Millet will subscribe to 10,320,239 common shares. To the Thunderbolt per 5 shares of 1 shares of the United States depository shares, millet equivalent to subscribe to 2,064,047 shares of the United States depository shares. At the price limit of 11 U.S. dollars, Thunderbolt 2,064,047 shares of the United States depository shares total value of 22.7 million U.S. dollars.

By the millet increase thunder brings is the latter ownership structure changes again. After the Thunder IPO, Millet held the Thunder shares from the original 28.8% to 31.8%,ceyuan target hold the Thunder shares from the original 4.1% to reduce to 2%, the rest of the Thunder individual and institutional shareholder shareholding has not changed.

Comparison of the share structure of the Thunder before and after the investment of millet

After a lapse of 3 years to try listing the Thunderbolt in this February and April respectively introduced the millet company 200 million U.S. dollars investment and Jinshan software investment of 90 million U.S. dollars, millet also by virtue of 200 million U.S. dollars into the thunder of the first major shareholder.

TechWeb said at the end of May, the Thunder prospectus implied, but Lei's support for the Thunderbolt did not stop at the initial 200 million dollar investment, is expected to increase the maximum of 200 million U.S. dollars.

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