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home / news releases / SDRLF - Sea Limited proposes ADS offering


SDRLF - Sea Limited proposes ADS offering

Sea Limited (SDRLF) proposes to offer 11M ADSs, each representing one Class A ordinary share of the company, in an underwritten public offering. Underwriters a 30-day option to purchase up to an additional 1.65M ADSs on the same terms and conditions.Company expects to use the net proceeds from this offering for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.Press Release

For further details see:

Sea Limited proposes ADS offering
Stock Information

Company Name: Seadrill
Stock Symbol: SDRLF
Market: OTC
Website: seadrill.com

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