Conyers acted as Cayman Islands counsel to Ebang International Holdings Inc. (“Ebang”) on its initial public offering in the United States of Class A Ordinary shares with a Greenshoe option to purchase additional Class A Ordinary Shares on the Nasdaq Global Select Market (NASDAQ: EBON).

A total of 19,264,337 Class A Ordinary shares were offered to investors at US$5.23 per Class A Ordinary Share raising a total of US$100 million.

Ebang is one of the earliest bitcoin miner contract manufacturers and offers communication equipment and internet products to customers in China.

Partner Paul Lim and Associate Hollia Lam of Conyers’ Hong Kong office advised on the matter, working alongside Wilson Sonsini Goodrich & Rosati and Kirkland Ellis.

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