IPO - Kuke Music Holding Ltd

Form Type: 424B5

Filing Date: 2025-06-04

Corporate Action: Ipo

Type: New

Accession Number: 000121390025051176

Filing Summary: Kuke Music Holding Ltd is offering 8,030,000 American Depositary Shares (ADSs), each representing ten Class A ordinary shares, with an estimated total proceeds of approximately $28.4 million. The public offering price is set at $3.54 per ADS. The last reported sale price of the ADSs was $3.17 prior to this offering. The ADSs will be delivered against payment on June 6, 2025. This prospectus supplement is filed as part of a shelf registration process, allowing the company to sell securities from time to time. The net proceeds from this offering are intended for working capital, repayment of debts, and other general corporate purposes.

Form Type: 424B5

Filing Date: 2025-03-18

Corporate Action: Ipo

Type: New

Accession Number: 000101376225000606

Filing Summary: Kuke Music Holding Limited is conducting an initial public offering of 1,193,000 American Depositary Shares (ADSs), which represent 11,930,000 Class A ordinary shares. Each ADS is priced at $1.68, with the total expected proceeds of approximately $2 million. The CAT on March 17, 2025, reported a sale price of $2.06 per share for the ADSs. The company does not anticipate paying dividends in the foreseeable future and intends to use the proceeds for replenishing working capital, repaying debts, and other corporate purposes. Kuke Music is described as a leading provider of classical music services, with an extensive library and various subscription and education services.