China Online Education Group Announces Proposed Follow-on Public Offering of American Depositary Shares

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China Online Education Group Announces Proposed Follow-on Public Offering of American Depositary Shares Tuesday, 2 June 2020 ( 1 hour ago ) BEIJING, June 3, 2020 /PRNewswire/ — China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced the commencement of a proposed registered underwritten public offering by the Company and certain selling shareholders of American depositary shares (the "ADSs"), each representing fifteen (15) Class A ordinary shares of the Company. The Company proposes to offer 428,571 ADSs (the "Primary ADS Offering"), and the selling...