As filed with the U.S. Securities and Exchange Commission on June 5, 2018
RegistrationNo. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORMF-6
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
For Depositary Shares Evidenced by American Depositary Receipts
RISE Education Cayman Ltd
(Exact name of issuer of deposited securities as specified in its charter)
N/A
(Translation of issuer’s name into English)
The Cayman Islands
(Jurisdiction of incorporation or organization of issuer)
JPMORGAN CHASE BANK, N.A.
(Exact name of depositary as specified in its charter)
383 Madison Avenue, Floor 11 , New York, NY 10179
Telephone (800)990-1135
(Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)
Cogency Global Inc.
10 East 40th Street, 10th Floor
New York, NY 10016
Telephone: (800)221-0102
(Address, including zip code, and telephone number, including area code, of agent for service)
Copy to:
JPMorgan Chase Bank, N.A.
383 Madison Avenue, Floor 11
New York, NY, 10179
Tel. No.: (800)990-1135
It is proposed that this filing become effective under Rule 466
| ☒ | immediately upon filing |
| ☐ | on (Date) at (Time) |
If a separate registration statement has been filed to register the deposited shares, check the following box. ☒
CALCULATION OF REGISTRATION FEE
Title of each class of Securities to be registered | Amount to be registered | Proposed maximum aggregate price per unit (1) | Proposed maximum aggregate offering price (2) | Amount of registration fee | ||||
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing two (2) Ordinary Shares, par value US$0.01 per share, of RISE Education Cayman Ltd | 35,000,000 | $0.05 | $1,750,000 | $217.88 | ||||
(1) Each unit represents one American Depositary Share. |
(2) Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares. |
PART I
INFORMATION REQUIRED IN PROSPECTUS
The Prospectus consists of the proposed form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) filed as Exhibit (a)(2) to this Registration Statement on FormF-6, which is incorporated herein by reference.
CROSS REFERENCE SHEET
Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED | ||
Item Number and Caption | Location in Form of American Depositary | |||
(1) Name and address of Depositary | Introductory paragraph and bottom of face of American Depositary Receipt | |||
(2) Title of American Depositary Receipts and identity of deposited securities | Face of American Depositary Receipt, top center | |||
Terms of Deposit:
| (i) | Amount of deposited securities represented by one unit of American Depositary Shares | Face of American Depositary Receipt, upper right corner | ||||
| (ii) | Procedure for voting, if any, the deposited securities | Paragraph (5), (6), (11) and (12) | ||||
| (iii) | Collection and distribution of dividends | Paragraphs (4), (5), (7) and (10) | ||||
| (iv) | Transmission of notices, reports and proxy soliciting material | Paragraphs (3), (8), (11) and (12) | ||||
| (v) | Sale or exercise of rights | Paragraphs (4), (5) and (10) | ||||
| (vi) | Deposit or sale of securities resulting from dividends, splits or plans of reorganization | Paragraphs (3), (4), (5), (10) and (13) | ||||
| (vii) | Amendment, extension or termination of the Deposit Agreement | Paragraphs (15), (16) and (17) | ||||
| (viii) | Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of Holders of ADRs | Paragraph (3) | ||||
| (ix) | Restrictions upon the right to deposit or withdraw the underlying securities | Paragraphs (1), (2), (4), (5) and (6) | ||||
| (x) | Limitation upon the liability of the Depositary | Paragraph (14) | ||||
| (3) Fees and Charges | Paragraph (7) |
Item 2. AVAILABLE INFORMATION | ||
Item Number and Caption | Location in Form of American Depositary Receipt Filed Herewith as Prospectus | |
Statement that RISE Education Cayman Ltd is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly files certain reports with the Securities and Exchange Commission, and that such reports can be inspected by holders of American Depositary Receipts and copied at public reference facilities maintained by the Securities and Exchange Commission in Washington, D.C. | Paragraph (8) |
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 3. EXHIBITS | ||
| (a)(1) | Deposit Agreement.Form of Deposit Agreement among RISE Education Cayman Ltd, JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all holders from time to time of ADRs issued thereunder (the “Deposit Agreement”). Previously filed as Exhibit (a) to Post-Effective Amendment No. 1 to Registration Statement on FormF-6/A (FileNo. 333-220873) filed on October 17, 2017 and incorporated by reference herein. | |||
| (a)(2) | Form of American Depositary Receipt.Filed herewith as Exhibit (a)(2). | |||
| (b) | Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby.Not Applicable. | |||
| (c) | Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years.Not Applicable. | |||
| (d) | Opinion of Pepper Hamilton LLP, counsel to the Depositary, as to the legality of the securities being registered.Filed herewith as Exhibit (d). | |||
| (e) | Certification under Rule 466. File herewith as Exhibit (e). | |||
| (f) | Power of Attorney for certain officers and directors of the Registrant.Included as part of the signature pages hereto. | |||
Item 4. UNDERTAKINGS | ||
(a) | The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer. | |||
(b) | If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule. | |||
SIGNATURE
Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on FormF-6 are met and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on June 5, 2018.
| Legal entity created by the form of Deposit | ||
Agreement for the issuance of ADRs evidencing American Depositary Shares | ||
| By: | JPMORGAN CHASE BANK, N.A., as | |
| Depositary | ||
| By: | /s/ Gregory A. Levendis | |
| Name: | Gregory A. Levendis | |
| Title: | Executive Director | |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, RISE Education Cayman Ltd certifies that it has reasonable grounds to believe that all the requirements for filing on FormF-6 are met and has duly caused this Registration Statement on FormF-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in Beijing, China, on June 5, 2018.
| RISE EDUCATION CAYMAN LTD | ||
| By: | /s/ Yiding Sun | |
| Name: | Yiding Sun | |
| Title: | Director and Chief Executive Officer | |
Each person whose signature appears below constitutes and appoints each of Yiding Sun and Chelsea Qingyan Wang asattorneys-in-fact with full power of substitution, for him or her in any and all capacities, to do any and all acts and all things and to execute any and all instruments which said attorney and agent may deem necessary or desirable to enable the registrant to comply with the Securities Act of 1933, as amended (the “Securities Act”), and any rules, regulations and requirements of the Securities and Exchange Commission thereunder, in connection with the registration under the Securities Act of American depositary shares (the “ADSs”) representing ordinary shares of the registrant, including, without limitation, the power and authority to sign the name of each of the undersigned in the capacities indicated below to the Registration Statement on FormF-6 (the “Registration Statement”) to be filed with the Securities and Exchange Commission with respect to such ADSs, to any and all amendments or supplements to such Registration Statement, whether such amendments or supplements are filed before or after the effective date of such Registration Statement, to any related Registration Statement filed pursuant to Rule 462(b) under the Securities Act, and to any and all instruments or documents filed as part of or in connection with such Registration Statement or any and all amendments thereto, whether such amendments are filed before or after the effective date of such Registration Statement; and each of the undersigned hereby ratifies and confirms all that such attorney and agent shall do or cause to be done by virtue hereof.
Under the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities indicated below, on June 5, 2018.
SIGNATURES
Signature | Title | |||||
/s/ Zhongjue Chen Zhongjue Chen | Director | |||||
/s/ Yiding Sun Yiding Sun | Director and Chief Executive Officer (Principal Executive Officer) | |||||
/s/ Lihong Wang Lihong Wang | Director | |||||
/s/ Jiandong Lu Jiandong Lu | Director | |||||
/s/ Yong Chen Yong Chen | Director | |||||
/s/ Chelsea Qingyan Wang Chelsea Qingyan Wang | Chief Financial Officer (Principal Financial and Accounting officer) | |||||
SIGNATURE OF AUTHORIZED U.S. REPRESENTATIVE OF THE REGISTRANT
Pursuant to the requirements of the United States Securities Act of 1933, as amended, the undersigned, the registrant’s duly authorized representative in the United States, has signed this Registration Statement in the City of New York, State of New York, on the 5th day of June, 2018.
| AUTHORIZED U.S. REPRESENTATIVE | ||
| By: | /s/ Colleen A. De Vries | |
| Name: | Colleen A. De Vries | |
| Title: | Senior Vice President | |
INDEX TO EXHIBITS
Exhibit Number | ||
| (a)(2) | Form of American Depositary Receipt. | |
| (d) | Opinion of Pepper Hamilton LLP, counsel to the Depositary, as to the legality of the securities to be registered. | |
| (e) | Certificate under Rule 466. | |