#Sources chinabased linkdoc us ipotimes full

It had planned to sell 10.8 million shares between 17.50 and 19.50 each. The book closed one day earlier than planned on Wednesday, one of the three sources and a separate person said.

#Sources chinabased linkdoc us ipotimes full

Morgan Stanley, BofA Securities and CICC are the underwriters for the proposed IPO. sources declined to be identified as the information has not yet been made public. Read more: Chinese Startups LinkDoc And Keep Suspend US IPO Plans SOURCES CHINABASED KEEP LINKDOC US IPOTIMES FULL Ridehail platform Didi went public on.

The company will list on the Nasdaq under the symbol 'LDOC', it said.Īlibaba Health is the healthcare flagship platform for the Alibaba Group Holding Ltd (9988.HK), conglomerate. LinkDoc said it will use the proceeds from the offering to strengthen its research and development capacities and for investments and acquisitions, among others. introducing measures that could result in foreign companies being delisted from American stock exchanges within three years if they do not comply with the country's auditing standards. Chinese medical data group LinkDoc Technology Ltd has shelved its listing in the United States to raise up to 211 million following Beijing's clampdown on overseas listings, according to three. The company's listing plans come despite the U.S.

The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing.įor the same period, net loss attributable to LinkDoc widened to 135.4 million renminbi ($21.17 million) from 61.6 million renminbi a year earlier. June 14 (Reuters) - LinkDoc Technology Ltd, a medical data company backed by a subsidiary of Alibaba Health Information Technology Ltd (0241.HK), filed for an initial public offering in the United States on Monday.