Source: StreetInsider

GDS: GDS Holdings Limited (GDS) Prices 8M ADS Offering at $26/Each

GDS Holdings Limited (“GDS” or the “Company”) (Nasdaq: GDS) today announced the pricing of a public offering by it of 8.0 million American Depositary Shares (“ADSs”), each representing eight of its Class A ordinary shares, and by entities affiliated with SBCVC Holdings Limited (“SBCVC”), one of GDS’s major shareholders, of 3.0 million ADSs, at a public offering price of US$26.00 per ADS. The underwriters have been granted a 30-day option to purchase up to an additional 225,000 ADSs from GDS and 1,425,000 ADSs from SBCVC at the same price, respectively.

Read full article »
Est. Annual Revenue
$100-500M
Est. Employees
500-1.0K
CEO Avatar

President & CEO

Giovanni Cariolato

CEO Approval Rating

71/100

Read more