UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares
2024年10月22日 - 9:05PM
UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the
“Company”), a leading online brokerage firm focusing on global
investors, today announced that it intends to offer and sell
15,000,000 American Depositary Shares (“ADSs”), each representing
15 Class A ordinary shares of the Company, subject to market and
other conditions, in an underwritten public offering. The
underwriters have an option to purchase up to an aggregate of
2,250,000 additional ADSs from the Company at the public offering
price, less underwriting discounts and commissions, exercisable
within 20 days from the date of the prospectus supplement.
The Company expects to use the net proceeds from the proposed
ADS offering for strengthening the Company’s capital base and
furthering the Company’s business development initiatives.
Deutsche Bank AG, Hong Kong Branch, China International Capital
Corporation Hong Kong Securities Limited and US Tiger Securities,
Inc. will act as the joint bookrunners for the proposed ADS
offering.
The proposed ADS offering will be made pursuant to an automatic
shelf registration statement on Form F-3 filed with the United
States Securities and Exchange Commission (the “SEC”) and is
available on the SEC’s website at http://www.sec.gov. A preliminary
prospectus supplement and an accompanying prospectus related to the
proposed ADS offering have been filed with the SEC and are
available on the SEC’s website at http://www.sec.gov. The final
prospectus supplement will be filed with the SEC and will be
available on the SEC’s website at: http://www.sec.gov. When
available, copies of the final prospectus supplement and the
accompanying prospectus may be obtained by contacting Deutsche Bank
AG, Hong Kong Branch, Level 60, International Commerce Centre, 1
Austin Road West, Kowloon, Hong Kong; China International Capital
Corporation Hong Kong Securities Limited 29/F, one International
Finance Centre, 1 Harbour View Street, Central, Hong Kong; or, US
Tiger Securities, Inc., 437 Madison Avenue, 27th Floor, New York,
NY 10022, United States of America.
This announcement shall not constitute an offer to sell, or a
solicitation of an offer to buy, the securities described herein,
nor shall there be any offer, solicitation or sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About UP Fintech Holding Limited
UP Fintech Holding Limited is a leading online brokerage firm
focusing on global investors. The Company’s proprietary mobile and
online trading platform enables investors to trade in equities and
other financial instruments on multiple exchanges around the world.
The Company offers innovative products and services as well as a
superior user experience to customers through its “mobile first”
strategy, which enables it to better serve and retain current
customers as well as attract new ones. The Company offers customers
comprehensive brokerage and value-added services, including trade
order placement and execution, margin financing, IPO subscription,
ESOP management, investor education, community discussion and
customer support. The Company’s proprietary infrastructure and
advanced technology are able to support trades across multiple
currencies, multiple markets, multiple products, multiple execution
venues and multiple clearinghouses.
For more information on the Company, please visit:
https://ir.itigerup.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“may,” “might,” “aim,” “likely to,” “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,”
“estimates” and similar statements or expressions. Among other
statements, the business outlook and quotations from management in
this announcement, the Company’s strategic and operational plans
and expectations regarding growth and expansion of its business
lines, and the Company’s plans for future financing of its business
contain forward-looking statements. The Company may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission (“SEC”) on Forms
20−F and 6−K, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties, including
the earnings conference call. Statements that are not historical
facts, including statements about the Company’s beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: the Company’s ability to effectively
implement its growth strategies; trends and competition in global
financial markets; changes in the Company’s revenues and certain
cost or expense accounting policies; and governmental policies and
regulations affecting the Company’s industry and general economic
conditions in China, Singapore and other countries. Further
information regarding these and other risks is included in the
Company’s filings with the SEC, including the Company’s annual
report on Form 20-F filed with the SEC on April 22, 2024. All
information provided in this press release and in the attachments
is as of the date of this press release, and the Company undertakes
no obligation to update any forward-looking statement, except as
required under applicable law. Further information regarding these
and other risks is included in the Company’s filings with the
SEC.
For investor and media inquiries please
contact:
Investor Relations ContactUP Fintech Holding
LimitedEmail: ir@itiger.com
UP Fintech (NASDAQ:TIGR)
過去 株価チャート
から 11 2024 まで 12 2024
UP Fintech (NASDAQ:TIGR)
過去 株価チャート
から 12 2023 まで 12 2024