federal securities laws and are eligible for reduced public company reporting requirements. We have granted the underwriters a 30-day option to purchase up toĪn additional 7,200,000 ADSs from us at the initial public offering less the underwriting discounts and commissions.Ĭompany under applicable U.S. Class A ordinary shares are not convertible into Class B Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights.Įach Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 15 votes and is convertible into one Class A ordinary share. Voting power of our issued and outstanding share capital immediately following the completion of this offering. Peng Zhao, our Founder, Chairman and Chief Executive Officer, will beneficially own all of our issued Class B ordinary shares and will be able to exercise 76.2% of the total ![]() Our ADSs have been approved for listing on the Nasdaq Global Selectįollowing the completion of this offering, our issued and outstanding share capital will consist ofĬlass A ordinary shares and Class B ordinary shares. Initial public offering of American depositary shares, or ADSs, of KANZHUN LIMITED Prior to this offering, there has been no public market for the ADSs or our ordinary shares. ![]() ![]() Representing 96,000,000 Class A Ordinary SharesĪmerican depositary shares, or ADSs. Each ADS represents two of our Class A ordinary shares, par value US$0.0001 per share.
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