jilicasinosignupbonus| Gekrypton's share price rises sharply on its first day of listing, IPO scale is larger than planned

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Topic: Gekrypton will be listed on the New York Stock Exchange on May 10, setting a new energy vehicle company's fastest listing record

Shares of Geely Holdings 'high-end electric vehicle brand Gekrypton rose 40% after its initial public offering. The offering is the largest initial public listing of a Chinese company in the United States since 2021.

Gekrypton ADS opened at $26 per share on Friday, the day before the company issuedjilicasinosignupbonus21 million shares were sold, 3.5 million more than the planned number of shares, and the price was at the upper limit of the promotion range of US$18 -21. As of 1:01 p.m. New York time, the stock was trading at 27 per share.jilicasinosignupbonus. 19 US dollars, with a market value of approximately US$6.64 billion.

According to previous statements, the underwriters have the right to exercise the over-allotment option to purchase an additional 3.15 million ADSs. If fully implemented, the total issuance size would be approximately 9.1% of the expanded issued share capital of Gekrypton.

jilicasinosignupbonus| Gekrypton's share price rises sharply on its first day of listing, IPO scale is larger than planned

The IPO was led by Goldman Sachs Group, Morgan Stanley, Bank of America and China International Capital Corporation. The trading symbol of Gekrypton stocks on the New York Stock Exchange is ZK.

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