Han Kun advised 500.com (NYSE: WBAI), the leading online sports lottery operator in China, on its initial public offering on New York Stock Exchange
2013-11-26
500.com (NYSE: WBAI) Completed its Initial Public Offering on New York Stock Exchange.
500.com Limited made its United States market debut on November 22, 2013, raising more than $75 million on New York Stock Exchange. Han Kun acted as 500.com's PRC counsel in relation to this offering. 500.com's shares surged as much as 54 percent from its initial public offering price of $13.
500.com is the leading operator of online sports lottery in China.
The leading lawyers involved in this deal are Yijun Chao, Jason Wang, Gloria Xu and Nikki Yang.