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Consumer Services IPOs image Consumer Services IPOs » By The Online Investor Staff, updated Fri., Jun. 9, 8:08 AM
Recent initial public offerings in the Consumer Services IPOs category.

Slide #2. China Online Education Group Initial Public Offering

Company: China Online Education Group
Proposed Symbol: COE
Shares Offered: 2,400,000
Price Per Share: $19.00
Over-Allotment: 360,000
Description: China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced that it has priced its initial public offering of 2,400,000 American depositary shares ("ADSs"), at $19.00 per ADS for a total offering size of approximately US$45.6 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 15 Class A ordinary shares of the Company. The ADSs are expected to begin trading on the New York Stock Exchange today under the ticker symbol "COE." The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 360,000 additional ADSs to cover over-allotments.

IPOs: China Online Education Group

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