The IPO Buzz: Chagee (CHA) Prices IPO at $28 – High End – & Stock Opens Up 20.5 Percent
Chagee Holdings Limited (CHA), a Chinese teahouse chain, priced its IPO at $28.00 – the top of its $26.00-to-$28.00 price range – and sold 14.7 million American Depositary Shares (14,683,991 ADS) – the number of ADS in the prospectus – to raise $411.15 million on Wednesday night, April 16, 2025. Chagee’s ADS shot up to open […]
April 17, 2025 Read More