Atour Lifestyle Holdings Ltd, the largest upper midscale hotel chain in China, has filed Form F-1 Registration Statement on June 8, 2021 with the U.S. Securities and Exchange Commission to raise up to $100 million IPO. Pricing terms are yet to announce.
The company design our guest room amenities, work closely with manufacturers to deliver top-quality products and carefully place the relevant products in guest rooms. Their guest rooms incorporate a fully immersive shopping destination, enabling us to strengthen our brand elasticity.
The Shanghai, China-based company was founded in 2013 and booked $279 million in sales for the 12 months ended March 31, 2021. It plans to list on the Nasdaq Global Market under the symbol “ATAT.” BofA Securities, Citi, CICC, and CMB International Capital are underwriters of the IPO.
The company engages Davis Polk & Wardwell LLP as US Securities Counsel, and KPMG Huazhen LLP as Independent Auditor.
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