First High-School Education Group Co., Ltd.

First High-School Education Group Co., Ltd. priced its initial public offering on Mar 11, 2021 at $10.00 per share, raising $75M, and listed on NYSE. At the IPO price its market capitalization was about $868.4M. Benchmark was lead-left underwriter, joined by Valuable Capital, Maxim Group and US Tiger and others. Wilson Sonsini, Maples and Calder and Jingtian & Gongcheng advised the company and Kirkland & Ellis and Commerce & Finance advised the underwriters.

Status

IPO

Exchange

NYSE

Priced

Mar 11, 2021

IPO price

$10.00

Raised

$75M

Market cap at IPO price

$868.4M

First filed

Jan 13, 2021

Underwriters

Benchmark, Valuable Capital, Maxim Group, US Tiger and Boustead

Company counsel

Wilson Sonsini, Maples and Calder and Jingtian & Gongcheng

Underwriters' counsel

Kirkland & Ellis and Commerce & Finance

Sector

Business services

Country / state

China

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