QFIN 360 DigiTech ADS (N Shares)

360 Finance Announces Pricing of Upsized Follow-on Public Offering of American Depositary Shares

360 Finance Announces Pricing of Upsized Follow-on Public Offering of American Depositary Shares

SHANGHAI, China, June 27, 2019 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced the pricing of an upsized public offering of 9,609,000 American depositary shares ("ADSs"), each representing two class A ordinary shares of the Company, by several selling shareholders (the “selling shareholders”) at a price of US$10.00 per ADS. The selling shareholders have also granted the underwriters a 30-day option to purchase up to 1,441,220 additional ADSs. The Company will not sell any ADSs in this offering and will not receive any proceeds from the sale of ADSs by the selling shareholders.

Citigroup and Morgan Stanley act as the joint book runners, and Haitong International and China Renaissance act as the joint lead managers for this offering.

This offering is being made only by means of a written prospectus forming a part of the effective registration statement. A copy of the prospectus related to this offering may be obtained by contacting Citigroup Global Markets Inc.at , Morgan Stanley & Co. LLC at , Haitong International Securities Company Limited at , or China Renaissance Securities (Hong Kong) Limited at .

Registration statements relating to these securities have been declared effective by the U.S. Securities and Exchange Commission (the "SEC"). This announcement shall not constitute an offer to sell, or a solicitation of an offer to buy, the securities described herein, nor shall there be any offer, solicitation or 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 360 Finance

360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”) is a leading digital consumer finance platform and the finance partner of the 360 Group. The Company provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The Company’s proprietary technology platform enables a unique user experience supported by resolute risk management. When coupled with its partnership with 360 Group, the Company’s technology translates to a meaningful borrower acquisition, borrower retention and funding advantage, supporting the rapid growth and scaling of its business.

Safe Harbor Statement

Any forward-looking statements contained in this announcement are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. 360 Finance may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 360 Finance's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding such risks and uncertainties is included in 360 Finance's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and 360 Finance does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

360 Finance      

E-mail:

Christensen

In China

Mr. Christian Arnell

Phone: 8

E-mail:

In US 

Ms. Linda Bergkamp

Phone:

Email:

EN
27/06/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on 360 DigiTech ADS (N Shares)

 PRESS RELEASE

Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited ...

Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan Full Year 2023 Total Facilitation and Origination Loan Volume*1 of RMB475.8 BillionFull Year 2023 Net Income of RMB4.3 Billion and Non-GAAP*2 Net Income of RMB4.5 BillionEstimated US$170 Million Cash Dividends for Full Year 2023*3 and Approximately US$132 Million Aggregate Value of ADSs Repurchased*4 Since the Launch of the Share Repurchase Plan in June 2023Announce A New US$350 Million Share Repurchase Plan and Reaffirm Existing Se...

 PRESS RELEASE

Qifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudite...

Qifu Technology to Announce Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 12, 2024 SHANGHAI, China, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after U.S. markets close on Tuesday, March 12, 2024. Qifu Technology’s management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Tuesday, March 12, 2...

 PRESS RELEASE

Qifu Technology Announces Third Quarter 2023 Unaudited Financial Resul...

Qifu Technology Announces Third Quarter 2023 Unaudited Financial Results SHANGHAI, China, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Business Highlights As of September 30, 2023, our platform has connected 155 financial institutional partners and 227.9 million consumers*1 with potential credit needs, cumulatively, an increase of 12.0% from 203.5 million a y...

 PRESS RELEASE

Qifu Technology to Announce Third Quarter 2023 Unaudited Financial Res...

Qifu Technology to Announce Third Quarter 2023 Unaudited Financial Results on November 16, 2023 SHANGHAI, China, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, after U.S. markets close on Thursday, November 16, 2023. Qifu Technology’s management team will host an earnings conference call at 7:30 PM U.S. Eastern Time on Thursday, November 16, 2023 (8:30 AM Bei...

 PRESS RELEASE

Qifu Technology Announces Second Quarter and Interim 2023 Unaudited Fi...

Qifu Technology Announces Second Quarter and Interim 2023 Unaudited Financial Results and Declares Semi-Annual Dividend SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023, and declared semi-annual dividend. Second Quarter 2023 Business Highlights As of June 30, 2023, our platform has connected 153 financial institutional partners and 220.6 million consumers...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch