36Kr Holdings Inc.

36Kr Holdings Inc. (KRKR) priced its initial public offering on Nov 12, 2019 at $14.50 per ADS, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $543.7M. Credit Suisse was lead-left underwriter, joined by CICC, Needham and US Tiger. Davis Polk, Maples and Calder and Jingtian & Gongcheng advised the company and Simpson Thacher and Haiwen & Partners advised the underwriters.

36Kr Holdings Inc. operates a content and services platform for New Economy participants in China, covering industries such as the Internet, hardware and software, consumer and retail, and finance. It began with content offerings and expanded to online advertising, enterprise value-added services and subscription services.

Status

IPO

Ticker

KRKR

Exchange

Nasdaq Global Market

Priced

Nov 12, 2019

IPO price

$14.50 per ADS

Market cap at IPO price

$543.7M

First filed

Sep 30, 2019

Underwriters

Credit Suisse, CICC, Needham and US Tiger

Company counsel

Davis Polk, Maples and Calder and Jingtian & Gongcheng

Underwriters' counsel

Simpson Thacher and Haiwen & Partners

Sector

Business services

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.