Luckin Coffee Inc. Announces Full Exercise of Over-Allotment Option in Initial Public Offering
19 June 2019 - 8:00PM
Luckin Coffee Inc. (“Luckin Coffee” or “the Company”) (NASDAQ: LK),
a technology-driven new retail provider of coffee and other
products, today announced the closing of the issuance of an
additional 4,950,000 American Depositary Shares ("ADSs") of the
Company at the initial public offering ( the “IPO”) price of
US$17.00 per ADS, pursuant to the exercise in full of the
underwriters' over-allotment option in connection with the
IPO.
Credit Suisse Securities (USA) LLC, Morgan
Stanley & Co. LLC, China International Capital Corporation Hong
Kong Securities Limited, and Haitong International Securities
Company Limited are acting as bookrunners of this offering. KeyBanc
Capital Markets Inc. and Needham & Company, LLC are acting as
co-managers.
A registration statement related to the offering
has been filed with the U.S. Securities and Exchange Commission
(the “SEC”) and declared effective. This press release does not
constitute an offer to sell or a solicitation of an offer to buy
the securities described herein, nor shall there be any 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.
This offering is being made only by means of a
prospectus forming a part of the effective registration statement.
Copies of the prospectus related to the offering may be obtained by
calling the following numbers: (1) Credit Suisse Securities (USA)
LLC at +1-800-221-1037, (2) Morgan Stanley & Co. LLC at
+1-866-718-1649, (3) China International Capital Corporation Hong
Kong Securities Limited at +852-2872-2000, and (4) Haitong
International Securities Company Limited at +852-2848-4333.
About Luckin Coffee Inc.
Luckin Coffee Inc. (NASDAQ: LK) has pioneered a
technology-driven new retail model to provide coffee and other
products of high quality, high affordability, and high convenience
to its customers. Empowered by big data analytics, AI, and
proprietary technologies, the Company pursues its mission to be
part of everyone’s everyday life, starting with coffee. The Company
was founded in 2017 and is based in China. For more information,
please visit investor.luckincoffee.com.
Investor Relations Contact
Luckin Coffee Inc. IREmail:
ir@luckincoffee.com
Bill ZimaICR, Inc.Phone: 646 880 9039
Media Relations Contact
Luckin Coffee Inc. PREmail:
pr@luckincoffee.com
Ed Trissel / Scott Bisang / Amy FengJoele Frank,
Wilkinson Brimmer KatcherPhone: 212 355 4449
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