<article>RISE Education plans to tap the NASDAQ market while Royole Corporation has closed a $800-million Series D round.</article>

RISE Education plans to tap the NASDAQ market while Royole Corporation has closed a $800-million Series D round.
<h3>RISE Education to list on NASDAQ</h3>
<a href="http://dealstreetasia.com/tag/bain-capital" target="_blank" rel="noopener">Bain Capital</a>-backed RISE Education Cayman, a Chinese provider of after-school English lessons, has filed for an initial public offering (IPO) on the <a href="http://dealstreetasia.com/tag/nasdaq" target="_blank" rel="noopener">NASDAQ</a>. Morgan Stanley and Credit Suisse are the joint book runners on the deal. No pricing terms have been disclosed.
The company filed for an IPO with the SEC on Friday to raise up to $100 million in an initial public offering, although proceeds could be closer to $200 million based on valuation estimates from earlier this summer.
Boston-based private equity (PE) firm Bain Capital acquired 90 per cent of the company for a consideration of $130 million in 2013 and is currently seeking a liquidity event.
The Beijing-based firm, founded in 2007, has booked $123 million in sales for the 12 months ended 30 June 2017. It made a confidential filing through RISE Education Cayman on 28 July  2017. It owns 44 centres in China and operates a franchise business.
<h3>Royole Corporation closes $800m Series D</h3>
Shenzhen-based Chinese rollable display company <a href="https://www.dealstreetasia.com/tag/royole-corporation/" target="_blank" rel="noopener">Royole Corp</a> has raised an additional $800 million Series D, according to a report by China Money Network. Investment proceeds will support its R&amp;D as well as accelerate production and sales.
This latest round includes $240 million equity financing from Chinese investment firms including Hanfor Capital Management Co., Ltd, Warmsun Holding Group, Shanghai Pudong Development Bank Co., Ltd., Zhonghai Shengrong and Tanshi Capital. It also includes US$560 million debt financing from China CITIC Bank, Agricultural Bank of China, Industrial and Commercial Bank of China Ltd, Bank of China and Ping An Bank Co., Ltd.
It also includes $560 million debt financing from China CITIC Bank, Agricultural Bank of China, Industrial and Commercial Bank of China Ltd, Bank of China and Ping An Bank Co., Ltd.
A <a href="https://www.dealstreetasia.com/stories/pagoda-investment-hesai_royole-series-d-72361/" target="_blank" rel="noopener">previously reported $58 million Series D investment</a> earlier this year is part of this larger round. Previous financiers of the company include DG Capital Partners, Shenzhen Capital Group, Shenzhen Green Pine Capital Partners, AlphaWealth, Jack and Fisher Investment.
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RISE Education plans to IPO on the NASDAQ, Royole Corporation raises $800M.

China Digest: RISE taps NASDAQ; Royole's $800m Series D

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China Digest: RISE taps NASDAQ; Royole's $800m Series D

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