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Youdao $238 million equity follow-on offering We advised Youdao on its offering of ADSs
We advised Youdao on its offering of ADSs
Davis Polk advised Youdao, Inc. on its SEC-registered equity offering of 7,000,000 American depositary shares. Each ADS represents one Class A ordinary share of Youdao. Youdao has granted the underwriters an option to purchase up to an additional 1,050,000 ADSs. The total gross proceeds for the offering are $238 million, assuming the underwriters do not exercise their option to purchase any over-allotment ADSs. The ADSs are listed on the New York Stock Exchange under the symbol DAO .
Youdao is a leading intelligent learning company in China dedicated to developing and using technologies to provide learning content, applications and solutions to users of all ages. Youdao is a subsidiary of NetEase, Inc. (NASDAQ: NTES; HKEX: 9999). ....

United States , Hong Kong , City Of , United Kingdom , Omer Harel , Kevin Zhang , Jamesc Lin , Eva Xu , Davis Polk , York Stock Exchange , Youdao Inc , Netease Inc , New York Stock Exchange , Counsel Alon Gurfinkel , Davis Polk Wardwell Llp Via Public Youdao 238 Million Equity Follow On Offering We Advised Its Of Adss , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , ஆமர் ஹரேல் , கெவின் ஜாங் , ஈவா ஐயூ , டேவிஸ் போல்க் , யார்க் ஸ்டாக் பரிமாற்றம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் ,