News Snapshot:
Simpson Thacher advised Medlive Technology Co. on the deal. Medlive Technology Co., Ltd. announced its initial public offering and Rule 144A and Regulation S offering. Medlive offered aggregate of 155,096,000 shares prior to the exercise of the underwriters’ overallotment option. The base offering size was HK$4.22 billion (approximately US$543.4 million). The shares of Medlive are listed on the Main Board of the Hong Kong Stock Exchange. Goldman Sachs and Haitong acted as the joint sponsors, and Goldman Sachs, Haitong and CICC acted as joint global coordinators, joint bookrunners and joint lead managers. Medlive is the largest online professional physician platform...
