Atour Lifestyle Holdings (ATAT) has released an update.
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Atour Lifestyle Holdings Limited has entered into an underwriting agreement to sell 10 million American Depositary Shares (ADS), representing 30 million Class A ordinary shares, with an option for underwriters to purchase an additional 1.5 million ADS. The ADSs are linked to a deposit agreement and will be issued as part of a registration statement filed with the SEC, including a prospectus for the shelf securities offered. The company has affirmed the accuracy and compliance of its SEC filings and is not considered an ‘ineligible issuer’ for the offering.
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