Bilibili Inc. Announces Pricing of Offering of Class Z Ordinary Shares in Connection with Hedging Transactions of Certain Convertible Notes Investors and Terms of Concurrent Repurchase

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SHANGHAI, May 21, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc.("Bilibili” or the "Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced the pricing of the separate SEC-registered underwritten offering of its Class Z ordinary shares, par value US$0.0001 per share (the "Concurrent Delta Offering”).

Among other things, the terms of the Notes, whether the Company will complete the Notes Offering, whether the Concurrent Delta Offering and/or Concurrent Repurchase will be completed, a description of various hedging activities, and statements about Bilibili’s beliefs and expectations, contain forward-looking statements.

In connection with the Notes Offering, the Company announced the Concurrent Delta Offering, under which 10,281,240 of the Company’s Class Z ordinary shares, that have been borrowed from non-affiliate third parties are being offered in a separate underwritten offering by Goldman Sachs & Co.

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Article Details

Author / Journalist: Bilibili Inc.

Category: Technology

Markets: ChinaHong KongUnited States

Topics: US0900401060 HKSE:9626 Nasdaq:BILI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-21 @ 13:22:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1141 words

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Sentences: 41 lines

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News ID: 28890199

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