Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to ten votes and is convertible into one Class A ordinary share atĪny time by the holder thereof. Holders of Class A ordinary shares andĬlass B ordinary shares have the same rights except for voting and conversion rights. See Principal Shareholders.Ĭompletion of this offering, 42,389,737 Class A ordinary shares and 159,157,321 Class B ordinary shares will be issued and outstanding, assuming the underwriters do not exercise their over-allotment option. Of our then outstanding Class B ordinary shares, representing 39.5% of our total voting power, assuming the underwriters do not exercise their over-allotment option, or 39.4% of our total voting power, if the underwriters exercise their Following the completion of this offering, Linen Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited, will hold 40.5% Option, or 54.8% of our total voting power, if the underwriters exercise their over-allotment option in full. Under the Corporate Governance Rules of the NYSE because YY Inc., or YY, will hold 56.4% of our then outstanding Class B ordinary shares, representing 54.9% of our total voting power assuming the underwriters do not exercise their over-allotment Following the completion of this offering, we will be a controlled company as defined federal securities laws and are eligible for reduced public company reporting requirements. emerging growth company under applicable U.S. The New York Stock Exchange, or the NYSE, under the symbol HUYA. Our ADSs have been approved for listing on Prior to this offering, there has been no public market for our ADSs or our Class A ordinary shares. Each ADS represents one of our Class A ordinary shares, par value US$0.0001 per share. Initial public offering of American depositary shares, or ADSs, of HUYA Inc., or Huya. Representing 15,000,000 Class A Ordinary Shares
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |