Where do we go? NET Set price range: up to 147 million USD

Beijing time October 19 Morning news, where to go Net (NASDAQ:QUNR) today updated its IPO F-1 prospectus, which shows where the IPO price range is 9.50 to 11.50 dollars for ads per share. IPO financing can be as large as $147 million trillion.

After the IPO, if the underwriters do not exercise the right to excess placements, where to go net circulation A level shares will be 303 million shares, circulating B-class shares of 333 million shares. For shareholders to vote, a class A shares will have 3 shares of voting rights, and the B-level shares per share will have 1 votes. After the IPO, if underwriters do not exercise the right to excess placements, the controlling shareholder, Baidu, will hold 185 million shares of Class A, accounting for 58.81% of the total voting rights.

Where to? The net will sell 11.111 million shares of ads in the IPO, with ads representing 3 shares of B-class shares per share. In the event of an excess placement, where to go the network and its sale shareholders also authorize underwriters to subscribe for an additional 1.666 million shares of ads at the IPO price.