Genetron Health Announces Pricing of Initial Public Offering

BEIJING, China, June 19, 2020 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”), a China-based precision oncology company that covers full-cycle cancer care, today announced the pricing of its initial public offering of 16,000,000 American Depositary Shares (“ADSs”), each representing five ordinary shares of the Company, at US$16.00 per ADS. The ADSs are expected to begin trading on the Nasdaq Global Market on June 19, 2020 under the symbol “GTH.” The gross proceeds from the initial public offering is US$256 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. The Company has granted the underwriters an option to purchase up to 2,400,000 additional ADSs, which would contribute to additional gross proceeds of up to US$38.4 million, exercisable within 30 days from the date of the final prospectus.
Credit Suisse Securities (USA) LLC and China International Capital Corporation Hong Kong Securities Limited are acting as joint bookrunners for the offering. BTIG, LLC and Canaccord Genuity LLC are acting as co-managers.A registration statement on Form F-1 related to the offering has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective. Copies of the registration statement can be accessed on the website of the SEC at www.sec.gov.The offering is made only by means of a prospectus forming a part of the effective registration statement. Copies of the final prospectus relating to this offering, when available, may be obtained by contacting the following underwriters: (1) Credit Suisse Securities (USA) LLC, Eleven Madison Avenue, New York, NY 10010. Attention: Prospectus Department, telephone: +1-800-221-1037, email: [email protected]; (2) China International Capital Corporation Hong Kong Securities Limited, 29th Floor, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong. Attention: Rita Lee, telephone: +852-2872-2000, email: [email protected]; (3) BTIG, LLC, 65 East 55th Street, New York, NY 10022. Email: [email protected]; and (4) Canaccord Genuity LLC, 99 High Street, 12th Floor, Boston, MA 02110. Attention: Syndicate Department, telephone: +1-617-371-3900, email: [email protected]This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Genetron Holdings Limited
Genetron Holdings Limited (“Genetron Health” or the “Company”) is a leading precision oncology platform company in China that specializes in cancer molecular profiling and harnesses advanced technologies in molecular biology and data science to transform cancer treatment. The Company has developed a comprehensive product and service portfolio that cover the full-cycle of cancer care from early screening, to diagnosis and treatment recommendations, to continuous monitoring and continuous care.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Investor Relations Contact
US:
Stephanie Carrington
Westwicke, an ICR Company
[email protected]
Office: +1 (646) 277-1282
Asia:
Bill Zima
ICR, Inc.
Email: [email protected] 
[email protected] 
Media Relations Contact
Edmond Lococo
ICR
[email protected]
Mobile: +86 138-1079-1408
[email protected]


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