Ebang International Holdings Inc’s $100 Million IPO


Wilson Sonsini Goodrich & Rosati advised Ebang International Holdings Inc on the deal.

Ebang International Holdings Inc. closed its initial public offering of 19,264,337 Class A ordinary shares at US$5.23 per Class A ordinary share, raising a total of approximately $100.8 million.

The shares began trading on June 26 on the Nasdaq Global Select Market under the symbol EBON.

Ebang International Holdings Inc. provides communication equipment. The Company offers internet products such as monitoring systems, circulator, and other related tools. Ebang International Holdings serves customers in China.

The Wilson Sonsini team included Weiheng Chen (Picture), Dan Ouyang, Ke Li, Zhenzhen Bao, Claire Chen and Rujin Ruan.

Involved fees earner: Zhenzhen Bao – Wilson Sonsini Goodrich & Rosati; Weiheng Chen – Wilson Sonsini Goodrich & Rosati; Ke Li – Wilson Sonsini Goodrich & Rosati; Dan Ouyang – Wilson Sonsini Goodrich & Rosati; Rujin Ruan – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Ebang International Holdings Inc.;

Author: Michael Patrini