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Radnor, Pennsylvania, July 25, 2021 (Global News Agency) – The law firm Kessler Topaz Meltzer & Check, LLP announced that it has filed a securities fraud class action in the U.S. District Court for the Southern District of New York against RLX Technology Inc. ( New York Stock Exchange stock code:Lux) (“RLX”) represents a person who purchases or acquires RLX American Depositary Shares (“ADS”) Based on or traceable to RLX’s initial public offering (“IPO”) in January 2021.
Investor deadline reminder: Investors who buy or acquire RLX ADS The basis may be traceable to the initial public offering, but No later than August 9, 2021, Seeking to be appointed as the chief plaintiff representative of the collective. For more information or to learn how to participate in this lawsuit, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; Toll-free number (844) 887-9500; info@ktmc.com; or Click on https://www.ktmc.com/rlx-technology-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=rlx_technology
RLX is known as “China’s No. 1 Brand E-cigarette Company” and claims that this is its “biggest potential market.” On January 19, 2021, RLX submitted the final revision of the F-1 Form Registration Statement (“Registration Statement”), which registered 133,975,000 RLX ADSs for public sale. On January 22, 2021, the defendant set the price of the IPO at US$12 per ADS and submitted the final prospectus…
The full story on Benzinga.com
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