21 May 2019

King & Wood Mallesons advises Luckin Coffee Inc. in its NASDAQ IPO

On 17 May 2019, Luckin Coffee Inc. (“Luckin Coffee”) successfully launched its IPO on NASDAQ as “LK.”. Luckin Coffee priced its IPO of 33 million American Depositary Shares (ADSs) at US$17 per ADS, raising approximately US$645 million after the underwriters exercise the over-allotment option.

As the PRC counsel to Luckin Coffee, Kind & Wood Mallesons was deeply involved in the transaction, in respect of PRC legal due diligence, review and revisions of the prospectus, responses to the comments of the US Securities and Exchange Commission, issuance of legal opinion and other important legal issues. KWM has maintained a close cooperative relationship with Luckin Coffee since its inception. KWM has taken lead in advising Luckin Coffee on its Series A, Series B and Series B+ financings before its IPO. The total proceeds from its pre-IPO financings were US$550. KWM has provided comprehensive, professional, high-quality and efficient legal services for the client whether in the IPO or in the pre-IPO financings.

This transaction was led by partners Sun Ji and Zhang Jingping. 

Media contact

Share on LinkedIn Share on Facebook Share on Twitter
    You might also be interested in

    On 22 July 2020, Qi An Xin Technology Group Inc. (“Qi An Xin Group”) made its A-share IPO on the Sci-Tech Innovation Board of the Shanghai Stock Exchange under the stock code: 688561.

    24 July 2020

    On 22 July, 2020, King & Wood Mallesons (KWM) Restructuring & Insolvency partner Mr. Wang Xin was recognized as one of the 2020 ALB China Top 15 Rising Lawyers by Asian Legal Business (ALB) .

    21 July 2020

    On 9 July 2020, HG Technologies Co., Ltd. ("HG TECH") made its first offering on the Growth Enterprises Market of the Shenzhen Stock Exchange.

    16 July 2020

    On 17 June, 2020, China Pacific Insurance (Group) Co., Ltd. ("CPIC") held a listing ceremony at the Shanghai Stock Exchange.

    10 July 2020

    This site uses cookies to enhance your experience and to help us improve the site. Please see our Privacy Policy for further information. If you continue without changing your settings, we will assume that you are happy to receive these cookies. You can change your cookie settings at any time.

    For more information on which cookies we use then please refer to our Cookie Policy.