Autohome Completes US$410 Million Follow-On Offering
On November 26, 2014, Autohome (NYSE: ATHM), the leading online destination for automobile consumers in China, completed its follow-on public offering of 9,645,659 American Depositary Shares (ADSs) by the company and certain of its existing shareholders at a price to the public of US$42.50 per ADS. Deutsche Bank Securities Inc. and Goldman Sachs (Asia) L.L.C. acted as joint bookrunners for the offering. WSGR represented the underwriters in connection with the offering.