Kanzhun (BZ) said Monday that it has priced its Hong Kong public offering and international offering of 34.5 million class A common shares at 66 Hong Kong dollars ($8.41) per share.
The company said the offer price is equivalent to about $16.82 per American depositary share.
Kanzhun said it expects to close both offerings on Friday and estimates net proceeds of about HK$2.2 billion.
Shares of Kanzhun were down more than 2% in recent trading Monday.
Price: 17.49, Change: -0.64, Percent Change: -3.50