Kanzhun Limited announced on June 30, 2025, the pricing of its share offer, consisting of an aggregate of 34,500,000 Class A ordinary shares, including the full exercise of the offer size adjustment option. The final offer price for both the Hong Kong Public Offering and the International Offering has been set at HK$66.00 per share.
Based on this pricing, the net proceeds from the share offer are estimated to be approximately HK$2,199.9 million (US$280.3 million), after deducting estimated underwriting fees and other expenses. The Class A ordinary shares are expected to begin dealing on the Main Board of the Hong Kong Stock Exchange on Friday, July 4, 2025.
This share offer is intended to further enhance Kanzhun's financial flexibility, broaden its shareholder base, and improve stock liquidity. The proceeds will be allocated towards investment in technology and related infrastructure, the development of new business initiatives, strategic acquisitions or investment opportunities, and for working capital and general corporate purposes.
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