Kirkland Advises on $450 Million Follow-On Offering of Dada
Kirkland & Ellis represented the underwriters on the $450 million follow-on public offering of American depositary shares of Dada Nexus Limited (NASDAQ: DADA), China’s leading local on-demand delivery and retail platform. The offering was priced on December 3, 2020.
The underwriters included Goldman Sachs (Asia), BofA Securities, Jefferies, Haitong International Securities and KeyBanc Capital Markets.
The Kirkland team was led by transactional partner David Zhang and capital markets partner Steve Lin.