Zai Lab Limited Announces Closing of U.S. Initial Public Offering of ADSs
(WorldNews China)

NEW YORK, Sept. 22, 2017 (GLOBE NEWSWIRE) -- Zai Lab Limited (`Zai Lab`) announces the closing of its U.S. initial public offering of 9,583,333 American depositary shares (`ADSs`) at a price of US$18.00 per ADS, which includes the 1,250,000 shares sold upon full exercise of the underwriters´ option to purchase additional ADSs (the `IPO`), raising gross proceeds of approximately US$172.5 million. The ADSs have been approved for listing on the Nasdaq Global Market and began trading on September 20, 2017 under the ticker symbol `ZLAB.` ......