Chinese tutoring services provider Puxin seeks to raise $300m in US IPO

Chinese tutoring services provider Puxin seeks to raise $300m in US IPO

Students at the Shichahai sports school attend a class in Beijing, China, May 18, 2016. REUTERS/Damir Sagolj/Files

Beijing-based K-12 after-school tutoring services provider Puxin is raising up to $300 million by offering American Depositary Shares (ADS), according to a draft document for an IPO filed at the US Securities and Exchange Commission.

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