javiery
2022-03-04
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iQIYI Announces Private Placement Financing of US$285 Million<blockquote>爱奇艺宣布私募融资2.85亿美元</blockquote>
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Baidu will subscribe for Class B ordinary shares, and the financial investors will subscribe for Class A ordinary shares. The private placement is subject to customary closing conditions and the closing is expected to take place in the near future.</p><p><blockquote>爱奇艺股份有限公司（纳斯达克：IQ）（“爱奇艺”或“公司”），一家创新的市场领先的在线娱乐服务公司，今天宣布，公司已与百度和包括绿洲管理有限公司在内的财务投资者财团签订认购协议，同意通过私募方式向公司认购和购买公司总计164,705,882股新发行的公司B类普通股和304,705,880股新发行的A类普通股，总购买价为2.85亿美元现金。百度将认购B类普通股，财务投资者将认购A类普通股。私募受惯例成交条件的限制，预计成交将在不久的将来进行。</blockquote></p><p>"We would like to thank all our shareholders for their generous support and strong faith in the future outlook of the Chinese long-form video industry. We are committed to our operating strategy that centers around improving our business operating efficiency and generating shareholder values." commented Mr.Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI.</p><p><blockquote>“我们感谢所有股东的慷慨支持和对中国长视频行业未来前景的坚定信心。我们致力于以提高业务运营效率和创造股东价值为中心的运营战略。”爱奇艺创始人、董事兼首席执行官龚宇先生评论道。</blockquote></p><p>The securities sold in the private placement have not been registered under theU.S.Securities Act of 1933, as amended (the "Securities Act"), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold inthe United Statesabsent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions' securities laws.</p><p><blockquote>私募中出售的证券尚未根据经修订的1933年《美国证券法》（“证券法”）或任何州或其他适用司法管辖区的证券法进行注册，并且不得在美国发行或出售未经注册或适用豁免《证券法》和适用的州或其他司法管辖区的证券法的注册要求。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\niQIYI Announces Private Placement Financing of US$285 Million<blockquote>爱奇艺宣布私募融资2.85亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2022-03-04 20:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>iQIYI stock lost more than 3% in premarket trading after the company announced private placement financing of US$285 million.</p><p><blockquote><html><head></head><body>爱奇艺宣布私募融资2.85亿美元后，该公司股价在盘前交易中下跌超过3%。</body></html></blockquote></p><p>iQIYI, Inc.(Nasdaq: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that the Company has entered into subscription agreements with Baidu and a consortium of financial investors that includeOasis Management Company Ltd., who have agreed to subscribe for and purchase from the Company, through a private placement, a total of 164,705,882 newly issued Class B ordinary shares and 304,705,880 newly issued Class A ordinary shares of the Company, for a total purchase price ofUS$285 millionin cash. Baidu will subscribe for Class B ordinary shares, and the financial investors will subscribe for Class A ordinary shares. The private placement is subject to customary closing conditions and the closing is expected to take place in the near future.</p><p><blockquote>爱奇艺股份有限公司（纳斯达克：IQ）（“爱奇艺”或“公司”），一家创新的市场领先的在线娱乐服务公司，今天宣布，公司已与百度和包括绿洲管理有限公司在内的财务投资者财团签订认购协议，同意通过私募方式向公司认购和购买公司总计164,705,882股新发行的公司B类普通股和304,705,880股新发行的A类普通股，总购买价为2.85亿美元现金。百度将认购B类普通股，财务投资者将认购A类普通股。私募受惯例成交条件的限制，预计成交将在不久的将来进行。</blockquote></p><p>"We would like to thank all our shareholders for their generous support and strong faith in the future outlook of the Chinese long-form video industry. We are committed to our operating strategy that centers around improving our business operating efficiency and generating shareholder values." commented Mr.Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI.</p><p><blockquote>“我们感谢所有股东的慷慨支持和对中国长视频行业未来前景的坚定信心。我们致力于以提高业务运营效率和创造股东价值为中心的运营战略。”爱奇艺创始人、董事兼首席执行官龚宇先生评论道。</blockquote></p><p>The securities sold in the private placement have not been registered under theU.S.Securities Act of 1933, as amended (the "Securities Act"), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold inthe United Statesabsent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions' securities laws.</p><p><blockquote>私募中出售的证券尚未根据经修订的1933年《美国证券法》（“证券法”）或任何州或其他适用司法管辖区的证券法进行注册，并且不得在美国发行或出售未经注册或适用豁免《证券法》和适用的州或其他司法管辖区的证券法的注册要求。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IQ":"爱奇艺"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168183398","content_text":"iQIYI stock lost more than 3% in premarket trading after the company announced private placement financing of US$285 million.iQIYI, Inc.(Nasdaq: IQ) (\"iQIYI\" or the \"Company\"), an innovative market-leading online entertainment service in China, today announced that the Company has entered into subscription agreements with Baidu and a consortium of financial investors that includeOasis Management Company Ltd., who have agreed to subscribe for and purchase from the Company, through a private placement, a total of 164,705,882 newly issued Class B ordinary shares and 304,705,880 newly issued Class A ordinary shares of the Company, for a total purchase price ofUS$285 millionin cash. Baidu will subscribe for Class B ordinary shares, and the financial investors will subscribe for Class A ordinary shares. The private placement is subject to customary closing conditions and the closing is expected to take place in the near future.\"We would like to thank all our shareholders for their generous support and strong faith in the future outlook of the Chinese long-form video industry. We are committed to our operating strategy that centers around improving our business operating efficiency and generating shareholder values.\" commented Mr.Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI.The securities sold in the private placement have not been registered under theU.S.Securities Act of 1933, as amended (the \"Securities Act\"), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold inthe United Statesabsent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions' securities laws.","news_type":1,"symbols_score_info":{"IQ":0.9}},"isVote":1,"tweetType":1,"viewCount":962,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/632625519"}
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