SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- SUPER HI INTERNATIONAL HOLDING LTD. ("Super Hi") (HKEx: 9658), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurant in the international market, today announced the pricing of its initial public offering in the United States of 2,692,700 American Depositary Shares ("ADSs"), at a price of US$19.56 per ADS, for a total offering size of US$52.7 million, before deducting underwriting discounts and commissions and other offering expenses payable by Super Hi. In addition, Super Hi has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 403,900 additional ADSs at the initial public offering price, less underwriting discounts and commissions. Each ADS represents ten (10) ordinary shares of Super Hi. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market under the ticker symbol "HDL" on May 17, 2024. The offering is expected to close on May 21, 2024, subject to customary closing conditions. Morgan Stanley Asia Limited and Huatai Securities (USA), Inc. are acting as joint bookrunners for the offering. A registration statement related to these securities has been filed with, and declared effective by, the United States ...