Ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Share capital, immediately following the completion of this offering, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Mr. Richard Rixue Li, our founder,Ĭhairman and chief executive officer, will beneficially own all of our issued Class B ordinary shares and will be able to exercise 87.3% of the total voting power of our issued and outstanding The completion of this offering, our outstanding share capital will consist of Class A ordinary shares and Class B ordinary shares. Option in full, the total underwriting discounts and commissions payable by us will be US$8,895,250, and the total proceeds to us, before expenses, will be US$118,179,250. We have granted the underwriters an option for a period of 30 days to purchase an additional 1,275,000 ADSs.
"Underwriting" for additional disclosure regarding underwriting compensation payable by us. Proceeds to Secoo Holding Limited before expenses Any representation to the contrary is a criminal offense. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful Please read "Risk Factors" beginning on page 14 of this prospectus. Investing in our ADSs involves a high degree of risks. federal securities laws and are eligible for reduced public company reporting requirements. Have been approved for listing on the NASDAQ Global Market under the symbol "SECO."Īre an "emerging growth company" under applicable U.S. The initial public offering price of our ADSs is US$13.00 per ADS. This is our initial public offering and no public market currently exists for our ADSs or our shares. Two American depositary shares represent one Class A ordinary share, par value We are offering 8,500,000 American depositary shares, or ADSs. Representing 4,250,000 Class A Ordinary Shares Use these links to rapidly review the document