DouYu International Holdings Ltd

DouYu International Holdings Ltd (DOYU) priced its initial public offering on Jul 18, 2019 at $11.50 per ADS, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $373.3M. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan. Davis Polk, Maples and Calder and Global Law Office advised the company and Latham & Watkins, CM Law Firm and Han Kun advised the underwriters.

DouYu International Holdings Ltd operates a game-centric live streaming platform in China, available on PC and mobile apps, where users watch interactive game and entertainment streams. It contracts game streamers and participates in the eSports value chain.

Status

IPO

Ticker

DOYU

Exchange

Nasdaq Global Select

Priced

Jul 18, 2019

IPO price

$11.50 per ADS

Market cap at IPO price

$373.3M

First filed

Apr 22, 2019

Underwriters

Morgan Stanley and J.P. Morgan

Company counsel

Davis Polk, Maples and Calder and Global Law Office

Underwriters' counsel

Latham & Watkins, CM Law Firm and Han Kun

Sector

Technology

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