Luckin Coffee covers books for $510m US IPO

Jonathan Breen

May 07, 2019 08:45 AM

coffee beans px230 for gc

Luckin Coffee has covered books after the first day on the road for its up to $510m Nasdaq IPO. And to add to the proceeds, the firm is concurrently selling ordinary shares to merchant firm Louis Dreyfus Co.

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JB

Jonathan Breen

Equities editor GlobalCapital Asia