We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

China's Luckin Coffee Begins Trading With $651M Offering

Law360 (May 17, 2019, 3:36 PM EDT) -- Beijing-based Luckin Coffee began trading Friday after pricing its shares at the high end of its expected range and raising up to about $650.8 million in an initial public offering guided by Davis Polk, Conyers and King & Wood.

Luckin Coffee Inc. priced its offering of 33 million American Depositary Shares at $17 per ADS, which each represent eight class A shares, raising about $571.2 million through the public market as well as a concurrent private placement to Louis Dreyfus Company B.V. The offering comes a week after Luckin said it planned to price its offering of up to to 34.5...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Law Firms


Government Agencies