Yatsen Holding Ltd

Yatsen Holding Ltd (YSG) priced its initial public offering on Nov 19, 2020 at $10.50 per share, and listed on NYSE. At the IPO price its market capitalization was about $17.86B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, CICC and US Tiger. Zhong Lun advised the company and Fangda Partners advised the underwriters.

Yatsen Holding Ltd, founded in 2016, is a China beauty company with three color cosmetics and skincare brands: Perfect Diary, Little Ondine and Abby's Choice. It sells to consumers directly and markets using influencers and celebrity partners, and also holds the Galénic skincare brand.

Status

IPO

Ticker

YSG

Exchange

NYSE

Priced

Nov 19, 2020

IPO price

$10.50

Market cap at IPO price

$17.86B

First filed

Oct 30, 2020

Underwriters

Morgan Stanley, Goldman Sachs, CICC and US Tiger

Company counsel

Zhong Lun

Underwriters' counsel

Fangda Partners

Sector

Industrials & materials

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