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Company: So-Young International Inc.
Kaskela Law LLC is investigating So-Young International Inc. (“So-Young” or the “Company”) (NASDAQ: SY) on behalf of the Company’s investors. The investigation seeks to determine whether So-Young violated the federal securities laws in connection with and following its initial public offering (“IPO”) of securities.
On or about May 2, 2019, So-Young completed its IPO, selling 13 million American Depository Shares (“Shares”) to investors at $13.80 per share, for gross proceeds of $179 million. On the day after the Company’s IPO, So-Young’s Shares closed at $20.77 per share.
Subsequently, over the following six months the Company’s Shares decreased nearly 50% in value.
Investors who purchased So-Young’s Shares and suffered an investment loss are encouraged to contact Kaskela Law LLC at (888) 715–1740, or complete the information form on this page, for additional information about this investigation and their legal rights and recovery options.