Benzinga | Nov 19, 2020 09:07AM EST

KE Holdings Prices 35.4M ADS Follow-On Offering At $58/ADS

BEIJING--(BUSINESS WIRE)-- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the pricing of its underwritten follow-on offering of 35,400,000 American Depositary Shares ("ADSs"), each representing three Class A ordinary shares of the Company, at a public offering price of US$58.00 per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 5,310,000 additional ADSs from the Company. The offering is expected to close on November 23, 2020, subject to customary closing conditions.