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May 01, 2021 10:59 AM (GMT+8) · EqualOcean
On April 30 EST, waterdrop updated its prospectus with the securities and Exchange Commission. According to the prospectus, shuidi will issue 30000000 ads shares to the public at a price range of $10-12. The issuance ratio is 7.6%, and the initial fund-raising is expected to be about US $400 million. The prospectus also announced the list of some cornerstone investors. Boyu capital, Magnolia capital and Wang Huiwen, the founder of meituan, placed a total order to subscribe for the equivalent shares of shuidi of US $210 million. Kevin sunny, the family trust fund of Wang Huiwen, the founder of meituan, invested US $30 million, Boyu capital invested US $100 million and Magnolia capital invested US $80 million.