ATRenew Inc.

ATRenew Inc. (RERE) priced its initial public offering on Jun 21, 2021 at $14.00 per ADS, raising $227.3M, and listed on NYSE. At the IPO price its market capitalization was about $3.09B. Goldman Sachs was lead-left underwriter, joined by BofA Securities, CLSA and US Tiger. Skadden, Arps, Maples and Calder and Han Kun advised the company and Latham & Watkins and JunHe advised the underwriters.

ATRenew Inc. operates a platform for pre-owned consumer electronics transactions and services in China. It handles devices traded between merchants and consumers and reports being the largest such platform in the country by gross merchandise value.

Status

IPO

Ticker

RERE

Exchange

NYSE

Priced

Jun 21, 2021

IPO price

$14.00 per ADS

Raised

$227.3M

Market cap at IPO price

$3.09B

First filed

May 28, 2021

Underwriters

Goldman Sachs, BofA Securities, CLSA and US Tiger

Company counsel

Skadden, Arps, Maples and Calder and Han Kun

Underwriters' counsel

Latham & Watkins and JunHe

Sector

Consumer

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