Conyers Dill & Pearman provided Cayman Islands legal advice to Cango Inc. (the “Company”) in connection with its successful initial public offering (IPO) of 4,300,000 American depositary shares (“ADSs”), representing 8,600,000 Class A ordinary shares on the New York Stock Exchange (NYSE:CANG), raising approximately US$44 million.

Cango Inc. is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants.

Partner Anna Chong and Associate Charissa Ball of Conyers ’ Hong Kong office advised on the matter working alongside Simpson Thacher & Bartlett (Hong Kong).

Stay current with our latest legal insights and subscribe today