Chagee Raises $411 Million From Nasdaq IPO

MT Newswires Live

2025/04/18

Chinese tea chain Chagee has raised $411.2 million from its initial public offering on the Nasdaq Global Select Market.

The company priced its IPO of 14,683,991 American depositary shares at $28.00 apiece, according to a Thursday release.

The IPO will close on April 21.

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