BRIEF-Zhangmen Education Inc Anticipates U.S. IPO Price Will Be Between $11 And $13 Per ADS

Reuters2021-06-03

June 3 (Reuters) - Zhangmen Education Inc :

* ZHANGMEN EDUCATION INC SAYS ANTICIPATES U.S. IPO PRICE WILL BE BETWEEN $11.00 AND $13.00 PER ADS - SEC FILING

* ZHANGMEN EDUCATION INC SEES U.S. IPO OF UP TO 3.62 MILLION ADSS REPRESENTING 32.61 MILLION CLASS A ORDINARY SHARES

* ZHANGMEN EDUCATION - TWO OF EXISTING PRINCIPAL SHAREHOLDERS, SVF II ZEAL SUBCO $(DE)$ PTE. LTD, GENESIS CAPITAL II LP, MAY PURCHASE UP TO $15 MILLION OF ADSS AT IPO PRICE

* ZHANGMEN EDUCATION SAYS IN ADDITION, SEVERAL INVESTORS MAY PURCHASE UP TO $25 MILLION WORTH OF ADSS AT IPO PRICE

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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