Jiayin Group Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs
Summary
SHANGHAI--( BUSINESS WIRE )--Jiayin Group Inc. (“Jiayin” or the “Company”) (Nasdaq: JFIN), a leading online individual finance marketplace in China, today announced the closing of its previously announced initial public offering of 3,500,000 American Depositary Shares (“ADS”), and the sale of an additional 525,000 ADSs at the public offering price of US$10.50 per ADS pursuant to the exercise in full by the underwriters of their option to purchase additional ADSs. Roth Capital Partners is acting as sole book running manager for the offering and Shenwan Hongyuan Securities (H.K. The ADSs described above are being offered by the Company pursuant to a registration statement previously filed with, and subsequently declared effective by, the United States Securities and Exchange Commission. A copy of the final prospectus relating to this offering may be obtained from Roth Capital Partners, 888 San Clemente Drive, Suite 400, Newport Beach, California 92660, United States of America, telephone: +1 (800) 678-9147, or by accessing the SEC’s website, www.sec.gov . Jiayin Group Inc. is a leading online individual finance marketplace in China committed to facilitating effective, transparent, secure and fast connections between investors and borrowers, whose needs are underserved by traditional financial institutions.