Hexindai, a Chinese provider of middle class consumer lending, filed on Friday with the SEC to raise up to $80 million in an initial public offering.
The Beijing, China-based company was founded in 2014 and booked $34 million in sales for the 12 months ended June 30, 2017. It plans to list under the symbol HX. Hexindai filed confidentially on April 7, 2017. Network 1 Financial Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
The article Chinese consumer lender Hexindai files for a $80 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.
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