Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of LIZHI INC.
January 23 2020 - 10:30AM
Business Wire
Deutsche Bank announced today its appointment as depositary bank
for the NASDAQ-listed American Depositary Receipt program of LIZHI
INC. (the “Company” or “LIZHI”).
LIZHI INC. (NASDAQ: LIZI) operates a leading interactive audio
entertainment platform for an online user generated content audio
community. The Company is headquartered in Guangzhou, the People’s
Republic of China.*
“The successful appointment of Deutsche Bank as Depositary Bank
for LIZHI’s NASDAQ-listed American Depositary Receipts program is a
further example of our franchise strength in the Asia-Pacific
Region," said Daniel Clark, Global Head of Depositary Receipts at
Deutsche Bank. "We look forward to providing our dedicated
resources and expertise to drive the program’s future success.”
In addition to specializing in administering cross-border equity
structures such as New York Shares and American and Global
Depositary Receipts, Deutsche Bank provides corporates, financial
institutions, hedge funds and supranational agencies around the
world with trustee, agency, escrow and related services. Deutsche
Bank offers a very broad range of services for diverse products,
from complex securitizations and project finance to syndicated
loans, debt exchanges and restructurings.
* This information was provided by Lizhi Inc. (January 2020)
Depositary Receipt Information
Country
China (Cayman Islands incorporated).
Custodian Bank
Deutsche Bank AG, Hong Kong Branch
Effective Date
January 22, 2020
Level III ADR
CUSIP
53933L 104
ISIN
US53933L1044
Symbol
LIZI
Exchange
NASDAQ
Current Ratio
1 ADSs: 20 Class A ordinary shares
Eligibility
DTC
Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management
products and services to corporations, governments, institutional
investors, small and medium-sized businesses, and private
individuals. Deutsche Bank is Germany’s leading bank, with a strong
position in Europe and a significant presence in the Americas and
Asia Pacific.
The Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the "Act"). The investment or investment
service which is the subject of this notice is not available to
retail clients as defined by the UK Financial Conduct Authority.
This notice has been approved and/or communicated by Deutsche Bank
AG New York. The services described in this notice are provided by
Deutsche Bank Trust Company Americas (Deutsche Bank) or by its
subsidiaries and/or affiliates in accordance with appropriate local
registration and regulation. Deutsche Bank is providing the
attached notice strictly for information purposes and makes no
claims or statement, nor does it warrant or in any way represent,
as to the accuracy or completeness of the details contained herein
or therein. This announcement appears as a matter of record only.
Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other
issuer or entity for the purchase or sale of any securities nor
does it constitute a solicitation to any person in any jurisdiction
where solicitation would be unlawful. No part of this notice may be
copied or reproduced in any way without the prior written consent
of Deutsche Bank. Past results are not an indication of future
performance. Copyright© January2020 Deutsche Bank AG. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20200123005548/en/
For further information: Deutsche Bank AG Press & Media
Relations
Troy Gravitt Phone: +1 212 250-4875 E-Mail:
troy.gravitt@db.com
Depositary Receipt Head of Depositary Receipts Daniel
Clark Tel: +44 (0) 20 7541 6888
www.adr.db.com adr@db.com
gtb.db.com New Business Development William Ng Tel: +852
2203 7889
Markets Distribution London Tel: +44 (0) 20 7547 6500
New York Tel: +1 212 250 9100 Hong Kong Tel: +852
2203 7854
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