Le.Com GEM IPO Today
Core: According to the announcement issued by the CSRC, the GEM Development and Examination Committee of the CSRC will review the initial application of LeTV Information Technology (Beijing) Co., Ltd. today. If successfully passed, LeEco will become the first video website to IPO on the domestic GEM.
According to the announcement issued by the CSRC, the GEM Development and Examination Committee of the CSRC will review the initial application of LeTV Information Technology (Beijing) Co., Ltd. today. If successfully passed, LeEco will become the first video website to IPO on the domestic GEM.
LeTV's prospectus shows that before this offering, the total share capital was 75 million shares, and this time it is planned to issue 25 million ordinary shares in RMB. After this offering, the total share capital of 100 million shares is all tradable shares, with a par value of 1 yuan per share, and it is planned to be listed in Shenzhen Stock Exchange. The funds raised from this offering will be used for the Internet video infrastructure and application platform transformation and upgrading project, 3G mobile streaming TV application platform transformation and upgrading project, R&D center expansion project and other working capital projects related to the main business.
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