Atour Lifestyle Holdings Limited Announces Pricing of Upsized Registered Secondary Offering of American Depositary Shares by Legend Capital
Summary
SHANGHAI, China, Dec. 06, 2023 (GLOBE NEWSWIRE) Atour Lifestyle Holdings Limited (Atour or the Company) ATAT, a leading hospitality and lifestyle company in China, today announced the pricing of an upsized registered secondary underwritten offering by entities affiliated with Legend Capital (Legend Capital) of an aggregate of 9,600,000 American depositary shares (the ADSs and such offering, the Secondary Offering), each ADS representing three Class A ordinary shares of par value US$0.0001 each of the Company, at an offering price of US$15.80 per ADS. The gross proceeds of the Secondary Offering to Legend Capital amounts to approximately US$151.7 million, without deducting underwriting discounts and commissions and offering expenses payable by Legend Capital and assuming the underwriters do not exercise the option to purchase additional ADSs. Copies of the prospectus supplement and the accompanying prospectus related to this Secondary Offering may be obtained by contacting BofA Securities, Inc., One Bryant Park, New York, NY 10036, United States of America, Attention: Prospectus Department, telephone: +1-800-294-1322, email: dg.prospectus_requests@bofa.com; CMB International Capital Limited, 45F, Champion Tower, 3 Garden Road, Central, Hong Kong, Attention: CMBI ECM, telephone: +852-3761-8990, email: ECMs@cmbi.com.hk; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at +1-800-831-9146, or by emailing prospectus@citi.com.This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, the securities described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.Atour Lifestyle Holdings Limited ATAT is a leading hospitality and lifestyle company in China, with a distinct portfolio of lifestyle hotel brands. Atour is committed to bringing innovations to Chinas hospitality industry and building new lifestyle brands around hotel offerings. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions.