VC-backed CooTek goes public

Shanghai-based CooTek, a global mobile internet company, has raised $52.2 million for its IPO after pricing its 4.35 million shares at $12 per share. The stock began trading September 28, 2018 on the New York Stock Exchange under the ticker symbol "CTK." Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Citigroup Global Markets Inc are the lead underwriters. CooTek's pre-IPO backers included Sequoia Capital China, Qiming Venture Partners and New Alliance Capital, according to Crunchbase.

28 September 2018•3 mins read
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