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HUYA Inc. Announces Full Exercise of Over-allotment Option in Initial Public Offering

HUYA

PR Newswire

GUANGZHOU, China, May 17, 2018 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that underwriters of the Company's initial public offering (the "IPO") have exercised their over-allotment option in full to purchase an additional 2,250,000 American Depositary Shares ("ADSs") from the Company at the IPO price of US$12.00 per ADS.

The closing of the over-allotment option exercise happened concurrently with the closing of the initial public offering on May 15, 2018.

Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C., and UBS Securities LLC are acting as joint bookrunners for the offering, and Needham & Company, LLC is acting as co-manager.

A registration statement related to these securities has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This offering is being made only by means of a prospectus forming part of the effective registration statement. A copy of the final prospectus relating to the offering may be obtained, when available, by contacting the prospectus department at Credit Suisse Securities (USA) LLC at Eleven Madison Avenue, New York, NY 10010, United States, attention: Prospectus Department, by telephone at +1-800-221-1037 or by emailing newyork.prospectus@credit-suisse.com; Goldman Sachs & Co. L.L.C., 200 West Street, New York, New York 10282-2198, Attention: Prospectus Department, telephone: +1 (212) 902 1171, email: prospectus-ny@ny.email.gs.com; UBS Securities LLC, Attention: Prospectus Department, 1285 Ave of the Americas, New York, NY, 10019, by telephone at +1-888-827-7275 or by emailing ol-prospectus-request@ubs.com ; or Needham & Company, LLC, Attention: Syndicate Prospectus Department, 250 Park Avenue, 10th Floor, New York, New York 10177, or by telephone at 1-800-903-3268, or by email at prospectus@needhamco.com.

About HUYA Inc.

HUYA Inc. ("Huya" or the "Company") is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China's young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya's open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company.

For more information, please visit: http://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-8212-0565
E-mail: ir@huya.com

The Piacente Group, Inc.
Ross Warner
Tel: +86-10-5730-6201
E-mail:  huya@tpg-ir.com

In the United States:

The Piacente Group, Inc. 
Alan Wang
Tel: +1-212-481-2050
E-mail:  huya@tpg-ir.com

Cision View original content:http://www.prnewswire.com/news-releases/huya-inc-announces-full-exercise-of-over-allotment-option-in-initial-public-offering-300650252.html

SOURCE HUYA Inc.

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