BEIJING, Oct. 13, 2017 /PRNewswire/ -- Sohu.com Inc.
(NASDAQ: SOHU), China's leading
online media, video, search, and gaming business group ("Sohu" or
the "Company"), today announced that its online search and
search-related services subsidiary Sogou Inc, a Cayman Islands
Company ("Sogou"), has filed a registration statement on Form F-1
with the U.S. Securities and Exchange Commission relating to a
proposed initial public offering (or "IPO") of American depositary
shares ("ADSs") representing Sogou's Class A Ordinary Shares. The
number of ADSs to be offered and the price range for the proposed
IPO have not yet been determined. Sogou intends to apply to have
the ADSs listed on the New York Stock Exchange under the symbol
"SOGO."
J.P. Morgan, Credit Suisse, Goldman Sachs, and CICC are serving
as joint book-running managers and representatives of the
underwriters for the proposed IPO. China Renaissance is acting as a
co-manager for the proposed IPO.
The offering will only be made by means of a prospectus. When
available, a copy of the preliminary prospectus relating to the
offering may be obtained from any of the following sources:
J.P. Morgan Securities LLC; Attention: Prospectus Department;
1155 Long Island Avenue, Edgewood,
NY 11717; Phone: +1-866-803-9204
Credit Suisse Securities (USA)
LLC; Attention: Prospectus Department; One Madison Avenue,
New York, NY 10010; Phone:
+1-800-221-1037; Email: newyork.prospectus@credit-suisse.com
Goldman, Sachs & Co. LLC; Attention: Prospectus Department;
200 West Street, New York, NY
10282; Phone: +1-212-902-1171
China International Capital Corporation Hong Kong Securities
Limited; 28th Floor, 350 Park Avenue New
York, NY, 10022; Phone: +1-646-794-8800; Email:
g_prospectus@cicc.com.cn
A registration statement on Form F-1 relating to Sogou's Class A
Ordinary Shares and the ADSs proposed to be sold in the IPO has
been filed with the U.S. Securities and Exchange Commission but has
not become effective. The ADSs representing Class A Ordinary Shares
may not be sold, and offers to buy them may not be accepted, prior
to the time the registration statement becomes effective. This
press release does not constitute an offer to sell or the
solicitation of an offer to buy, and there will not be any sale of,
any of the ADSs or the underlying Class A Ordinary Shares in any
state or jurisdiction in which such offer, solicitation, or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
Safe Harbor Statement
This press release contains forward-looking statements,
including statements regarding Sogou's intention to conduct an IPO
of ADSs representing its Class A Ordinary Shares. We caution you
that a number of important factors could cause actual events to
differ materially from current expectations, including the
possibility that market conditions, adverse changes in Sogou's
business or prospects, or other factors could prevent Sogou from
conducting and completing the IPO.
About Sohu.com
Sohu.com Inc. (NASDAQ: SOHU) is China's premier online brand and indispensable
to the daily life of millions of Chinese, providing a network of
Web properties and community based/Web 2.0 products which offer the
vast Sohu user community a broad array of choices regarding
information, entertainment and communication. Sohu has built one of
the most comprehensive matrices of Chinese language web properties
and proprietary search engines, consisting of the mass portal and
leading online media destination www.sohu.com; the interactive
search engine www.sogou.com; the developer and operator of online
games www.changyou.com/en/ and the leading online video Website
tv.sohu.com .
Sohu corporate services consist of online brand advertising on
its matrix of websites as well as bid listing and home page on its
in-house developed search directory and engine. Sohu also provides
multiple news and information service on mobile platforms,
including Sohu News App and mobile news portal m.sohu.com. Sohu's
online game subsidiary, Changyou.com (NASDAQ: CYOU) develops and
operates a diverse portfolio of PC and mobile games, such as
Tian Long Ba Bu ("TLBB"), one of the
most popular PC games in China.
Changyou also owns and operates the 17173.com Website, a leading
game information portal in China.
Sohu.com, established by Dr. Charles
Zhang, one of China's
internet pioneers, is in its twenty-first year of operation.
View original
content:http://www.prnewswire.com/news-releases/sohucom-subsidiary-sogou-inc-files-registration-statement-for-ipo-300536367.html
SOURCE Sohu.com