BEIJING, April 25, 2019 /PRNewswire/ -- Huami Corporation
("Huami" or the "Company") (NYSE: HMI), a biometric and activity
data-driven company with significant expertise in smart wearable
technology, today announced the pricing of a registered follow-on
public offering of 793,650 American Depositary Shares ("ADSs"),
each representing four Class A ordinary shares of the Company, by
the Company and of 7,142,850 ADSs by certain selling shareholders,
at a price of US$9.75 per ADS. The underwriters will
have a 30-day option to purchase up to 119,050 additional ADSs from
the Company and up to 1,071,450 additional ADSs from certain
selling shareholders.
Morgan Stanley & Co. LLC, Credit Suisse Securities
(USA) LLC and Citigroup Global
Markets Inc. will act as the joint bookrunners for the proposed
offering.
A registration statement relating to these securities has been
filed with, and declared effective by the United States Securities
and Exchange Commission (the "SEC"). This notice is not an offer of
the securities for sale in the 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.
This offering is being made only by means of a prospectus
forming part of an effective registration statement. A copy of the
prospectus relating to the offering may be obtained, when
available, by contacting:
- Morgan Stanley & Co. LLC, Attention: Prospectus Department,
at 2nd Floor, 180 Varick Street, New
York, New York, 10014, United
States of America, or by calling 1-866-718-1649, or by email
at prospectus@morganstanley.com;
- Credit Suisse Securities (USA)
LLC, Attention: Prospectus Department at Eleven Madison Avenue,
New York, New York 10010-3629,
United States of America, or by
calling 1-800-221-1037, or by email at
newyork.prospectus@credit-suisse.com; or
- Citigroup Global Markets Inc., c/o Broadridge Financial
Solutions, at 1155 Long Island Avenue, Edgewood, New York 11717, United States, telephone:
+1-800-831-9146.
About Huami Corporation
Huami is a biometric and activity data-driven company with
significant expertise in smart wearable technology. Since its
inception in 2013, Huami has quickly established its global market
leadership and recognition by shipping millions of units of smart
wearable devices. In 2018, Huami shipped 27.5 million units of
smart wearable devices. Huami has one of the largest biometric and
activity databases in the global smart wearables industry. Huami's
mobile apps work hand in hand with its smart wearable devices and
provide users with a comprehensive view and analysis of their
biometric and activity data.
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. Statements that
are not historical facts, including statements about Huami's
beliefs and expectations, are forward-looking statements. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar 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. Further information
regarding these and other risks is included in Huami's filings with
the SEC. All information provided in this press release is as of
the date of this press release, and Huami does not undertake any
obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise, except as
required under applicable law.
For investor and media inquiries, please contact:
In China:
Huami Corporation
Grace Yujia Zhang
Tel: +86-10-5940-3255
E-mail: ir@huami.com
The Piacente Group, Inc.
Ross Warner
Tel: +86-10-5730-6201
E-mail: huami@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huami@tpg-ir.com
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SOURCE Huami Corporation