Soul, a social networking platform, announced Tencent's decision to suspend the IPO process of US stocks
Bullwhip news on June 23, social platform soul issued a statement today, announcing the suspension of the U.S. stock IPO process. After careful consideration, soul's management suspended the IPO pricing process first, and Tencent, the major shareholder, also supported the decision, the statement said.
The following is the full text of the statement:
hello everyone!
Thank you for your support for soul all the time. As you all know, we are applying for IPO in the United States and the process is very smooth. In the process, we met our strategic partners and investors who love us very much, and got the support of many parties. We are very happy to get very popular market feedback after updating the pricing range. In this process, the company also received the possibility of other capital operations. After careful consideration, the management suspended the IPO pricing process. Tencent, our major shareholder, also supports this decision.
At present, souler is operating normally, and it will also usher in the expected growth. We will let more people use our products, and convey goodwill, warmth and authenticity to more soulers. Thank you again!
Soul Team
2021.6.23
Soul, a social networking platform, announced Tencent's decision to suspend the IPO process of US stocks
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