Gds announces pricing of public offering of adss

Shanghai, china, may 27, 2025 (globe newswire) -- gds holdings limited (“gds holdings”, “gds” or the “company”) (nasdaq: gds; hkex: 9698), a leading developer and operator of high-performance data centers in china, today announced the pricing of its previously announced underwritten registered public offering of 5,200,000 american depositary shares (“adss”), each representing eight class a ordinary shares, par value us$0.00005 per share (the “primary adss offering”), at a public offering price of us$24.50 per ads (the “primary adss offering price”). the underwriters have been granted a 30-day option to purchase up to 780,000 additional adss. the offering is expected to close on may 30, 2025, subject to customary closing conditions.
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