On 22th, June, Full Truck Alliance has successfully completed its listing in New York, raising a total found of around $1.77 billion.

 

Morgan Stanley, CICC, Goldman Sachs, UBS Investment Bank, Huatai Securities, Citigroup, Nomura, China Renaissance acted as joint sponsors, joint coordinators and joint bookrunners of this offering.

 

Simpson Thacher & Bartlett LLP and CM Law Firm were legal advisors to issuer on United States laws and PRC laws respectively.

 

Davis Polk & Wardwell LLP and King & Wood Mallesons were legal advisors to underwriters on United States laws and PRC laws respectively.

 

Conyers Dill & Pearman represented the issuer on offshore law.

 

Deloitte Touche Tohmatsu Certified Public Accountants LLP was the auditor and reporting accountants in the deal.

 

Full Truck Alliance was established in 2017 by the merger between two freight platforms, Jiangsu Man Yun Software and Guiyang Huo Che Bang. Full Truck Alliance matches cargo and freight with the support of digital technology. Following the IPO, the company has become the first Chinese digital freight stock.