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Aug 11, 2020 10:02 PM (GMT+8) · EqualOcean
OneConnect (OCFT:NYSE), announced that it filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a follow-on public offering of 16,500,000 American Depositary Shares (ADSs), each represents three ordinary shares of the Company. The Company expects to use the net proceeds from the Offering for enhancement of its platform and technology capabilities, international expansion and strategic investments and general corporate purposes. Goldman Sachs (Asia) L.L.C. and Morgan Stanley & Co. LLC are acting as joint bookrunners for the Offering.

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