SHANGHAI, China, Nov. 11, 2022 (GLOBE NEWSWIRE) — Atour Life-style Holdings Restricted (“Atour” or the “Firm”) (NASDAQ: ATAT), a number one hospitality and way of life firm in China, introduced right this moment that it has priced its preliminary public providing of 4,750,000 American Depositary Shares (“ADSs”), every representing three Class A bizarre shares of the Firm, at US$11.0 per ADS. The ADSs will start buying and selling on November 11, 2022 on the Nasdaq International Choose Market underneath the ticker image “ATAT.” The providing is predicted to shut on November 15, 2022, topic to customary closing circumstances.
The Firm has granted the underwriters an choice, exercisable inside 30 days from the date of the ultimate prospectus, to buy as much as an combination of 712,500 extra ADSs. The overall gross proceeds of the providing are anticipated to be roughly US$52.3 million if the underwriters don’t train their over-allotment choice, and roughly US$60.1 million if the underwriters select to train their over-allotment choice in full.
BofA Securities, Inc., Citigroup International Markets Inc., China Worldwide Capital Company Hong Kong Securities Restricted and CMB Worldwide Capital Restricted are appearing as underwriters for the providing. Redbridge Securities LLC and Tiger Brokers (NZ) Restricted are appearing as co-managers for the providing.
A registration assertion associated to those securities has been filed with, and declared efficient by the U.S. Securities and Trade Fee (the “SEC”). This press launch shall not represent a suggestion to promote or a solicitation of a suggestion to purchase the securities described herein, nor shall there be any sale of those securities in any state or jurisdiction wherein such a suggestion, solicitation or sale could be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.
This providing is being made solely by way of a prospectus forming part of the efficient registration assertion. Copies of the ultimate prospectus regarding the providing could also be obtained, when obtainable, by contacting the next underwriters: (1) BofA Securities, Inc., One Bryant Park, New York, NY 10036, United States of America, or by phone at +1-800-294-1322 or by emailing email@example.com; (2) Citigroup International Markets Inc., c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717, or by phone at +1-800-831-9146, or by emailing firstname.lastname@example.org; (3) China Worldwide Capital Company Hong Kong Securities Restricted, twenty ninth Flooring, One Worldwide Finance Centre, 1 Harbour View Road, Central, Hong Kong, or by phone at +852-2872-2000; (4) CMB Worldwide Capital Restricted, 45F, Champion Tower, 3 Backyard Highway, Central, Hong Kong, or by phone at +852-3761-8990.
About Atour Life-style Holdings Restricted
Atour Life-style Holdings Restricted (NASDAQ: ATAT) is a number one hospitality and way of life firm in China, with a definite portfolio of way of life lodge manufacturers. In accordance with Frost & Sullivan, Atour is the biggest higher midscale lodge chain in China by way of room numbers as of the top of 2021, and is the primary Chinese language lodge chain to develop a scenario-based retail enterprise. Atour is dedicated to bringing improvements to China’s hospitality trade and constructing new way of life manufacturers round lodge choices. For extra info, please go to https://ir.yaduo.com.
Protected Harbor Assertion
This press launch comprises forward-looking statements. These statements are made underneath the “secure harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. Statements that aren’t historic information, together with statements concerning the Firm’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties, and quite a lot of elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion. In some circumstances, forward-looking statements could be recognized by phrases or phrases corresponding to “could”, “will”, “count on”, “anticipate,” “goal,” “intention,” “estimate,” “intend,” “plan,” “consider,” “potential,” “proceed,” “is/are prone to”, or different comparable expressions. Additional info concerning these and different dangers, uncertainties or elements is included within the Firm’s filings with the SEC. All info supplied on this press launch is as of the date of this press launch, and the Firm doesn’t undertake any responsibility to replace such info, besides as required underneath relevant regulation.
Investor Relations Contact
Atour Life-style Holdings Restricted
Electronic mail: email@example.com
The Piacente Group, Inc.
Electronic mail: Atour@tpg-ir.com