Onion Global Ltd

Onion Global Ltd (OG) priced its initial public offering on May 10, 2021 at $7.25 per ADS, and listed on NYSE. At the IPO price its market capitalization was about $64.7M. Huatai was lead-left underwriter, joined by Roth Capital, US Tiger and Valuable Capital. Davis Polk, Maples and Calder and JunHe advised the company and Simpson Thacher and CM Law Firm advised the underwriters.

Onion Global Limited is a China-based lifestyle brand platform that incubates, markets and distributes fresh, fashionable and future brands to young consumers in China and across Asia. Its platform offered products from 4,001 brands at the end of 2020, including partner brands and private labels.

Status

IPO

Ticker

OG

Exchange

NYSE

Priced

May 10, 2021

IPO price

$7.25 per ADS

Market cap at IPO price

$64.7M

First filed

Apr 7, 2021

Underwriters

Huatai, Roth Capital, US Tiger and Valuable Capital

Company counsel

Davis Polk, Maples and Calder and JunHe

Underwriters' counsel

Simpson Thacher and CM Law Firm

Sector

Consumer

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.