HONG KONG--(BUSINESS WIRE)--AMTD International, Inc. (“AMTD” or the “Company”) (NYSE: HKIB), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and Asia’s No. 1 independent asset management firm in serving both PRC regional banks and new economy companies2, today announced that the underwriters of the Company’s initial public offering (the “IPO”) have exercised in full their over-allotment option to purchase an additional 3,113,955 American depositary shares (“ADSs”) from the Company at the IPO price of US$8.38 per ADS. After giving effect to the exercise of the option, AMTD has issued and sold a total of 23,873,655 ADSs in the IPO, for total gross proceeds of approximately US$200 million.
AMTD Global Markets Limited and Loop Capital Markets LLC. acted as the lead underwriters of this offering, while MasterLink, Tiger Brokers and ViewTrade Securities were also Joint Bookrunners in this transaction.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and was declared effective on August 2, 2019. The offering of the Company’s ADSs will be made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained by contacting: ir@amtdinc.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About AMTD International, Inc.
AMTD International Inc. (NYSE:HKIB) is a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and Asia’s No. 1 independent asset management firm in serving both PRC regional banks and new economy companies2, connecting companies and investors from Hong Kong and China with global capital markets. Its comprehensive one-stop financial service solutions strategy addresses different clients’ complex and inter-connected financial needs across all phases of their life-cycle. Leveraging its deep roots in Asia and its network – the “AMTD SpiderNet” – the Company is uniquely positioned as an active super-connector between clients, business partners, investee companies and investors. For more information, please visit www.amtdinc.com or follow us on Twitter at “@AMTDGroup”.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about AMTD’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in AMTD’s filings with the SEC. All information provided in this press release is as of the date of this press release, and AMTD does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
1 As measured by both the number and the aggregate offering size of Hong Kong and U.S. IPOs completed in each of 2018 and the first quarter of 2019
2 As measured by AUM as of March 31, 2019