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TuanChe Limited Announces Pricing of Initial Public Offering

Nov 20, 2018 - GlobeNewswire

BEIJING, Nov. 20, 2018 (GLOBE NEWSWIRE) -- TuanChe Limited ("TC" or the "Company") (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced the pricing of its initial public offering of 2,600,000 American depositary shares ("ADSs") at US$7.80 per ADS. The ADSs have been approved for listing on the Nasdaq Capital Market and are expected to begin trading today under the symbol "TC." Each ADS represents four Class A ordinary shares of the Company.

The tot...