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F-6 Filing
Puxin (NEWYY) F-6Registration for ADRs (foreign)
Filed: 1 Jun 18, 1:27pm
As filed with the Securities and Exchange Commission on June 1, 2018 | Registration No. 333- |
Li He, Esq. Davis Polk & Wardwell LLP 2201 China World Office 2 No. 1 Jian Guo Men Wai Avenue Chaoyang District, Beijing 100004 People’s Republic of China +86 10 8567-5000 | James C. Lin, Esq. Davis Polk & Wardwell LLP c/o 18th Floor The Hong Kong Club Building 3A Chater Road, Central Hong Kong +852 2533-3300 | Francis Fitzherbert-Brockholes, Esq. White & Case LLP 5 Old Broad Street London EC2N 1DW United Kingdom +(44) 20 7532-1400 |
It is proposed that this filing become effective under Rule 466: | ☐ immediately upon filing. ☐ on (Date) at (Time). |
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, each representing two ordinary shares of Puxin Limited | 100,000,000 American Depositary Shares | $0.05 | $5,000,000 | $622.50 |
1 | For the purpose of this table only the term "unit" is defined as 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 Shares. |
Required Information | Location in Form of Receipt Filed Herewith as Prospectus | ||||
1. | Name of depositary and address of its principal executive office | Face of Receipt – introductory paragraph | |||
2. | Title of Receipts and identity of deposited securities | Face of Receipt – top center | |||
Terms of Deposit: | |||||
(i) | The amount of deposited securities represented by one American Depositary Share (“ADS”) | Face of Receipt – upper right corner | |||
(ii) | The procedure for voting the deposited securities | Reverse of Receipt – Articles 14 and 15 | |||
(iii) | The procedure for collecting and distributing dividends | Reverse of Receipt – Articles 13 and 14 | |||
(iv) | The procedures for transmitting notices, reports and proxy soliciting material | Face of Receipt – Article 12; Reverse of Receipt – Articles 14 and 15 | |||
(v) | The sale or exercise of rights | Reverse of Receipt – Articles 13 and 14 | |||
(vi) | The deposit or sale of securities resulting from dividends, splits or plans of reorganization | Face of Receipt – Articles 3, 6 and 9; Reverse of Receipt – Articles 13 and 16 | |||
(vii) | Amendment, extension or termination of the deposit arrangements | Reverse of Receipt – Articles 20 and 21 (no provision for extension) | |||
(viii) | The rights of holders of Receipts to inspect the books of the depositary and the list of holders of Receipts | Face of Receipt – Article 12 | |||
(ix) | Restrictions upon the right to transfer or withdraw the underlying securities | Face of Receipt – Articles 2, 3, 4, 6, 8, 9 and 10; Reverse of Receipt – Article 22 | |||
(x) | Limitation on the depositary’s liability | Face of Receipt – Articles 6 and 10; Reverse of Receipt – Articles 15, 16, 17 and 18 | |||
3. | Fees and charges that a holder of Receipts may have to pay, either directly or indirectly | Face of Receipt – Article 9 | |||
(a) | Form of Deposit Agreement, by and among the Company, Deutsche Bank Trust Company Americas, as depositary (the “Depositary”), and all holders and beneficial owners from time to time of ADSs issued thereunder (“Deposit Agreement”). — Filed herewith as Exhibit (a). |
(b) | Any other agreement to which the Depositary is a party relating to the issuance of the ADSs 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 White & Case LLP, counsel to the Depositary, as to the legality of the securities to be registered. — Filed herewith as Exhibit (d). |
(e) | Certification under Rule 466. — Not applicable. |
(f) | Powers of attorney for certain officers and directors of the Company. — Set forth on the signature pages hereto. |
(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 ADR, 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 amount of fees charged is 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 ADR thirty (30) days before any change in the fee schedule. |
Legal entity created by the form of Deposit Agreement for the issuance of Receipts for ordinary shares, par value US$0.00005 per share of Puxin Limited. Deutsche Bank Trust Company Americas, as Depositary | ||||
By: | /s/ Beverly George | |||
Name: | Beverly George | |||
Title: | Vice President | |||
By: | /s/ Rohan Bridgett | |||
Name: | Rohan Bridgett | |||
Title: | Vice President | |||
Puxin Limited | |||||
By: | /s/ Yunlong Sha | ||||
Name: | Yunlong Sha | ||||
Title: | Chief Executive Officer and Chairman | ||||
Signature | Title | |
/s/ Yunlong Sha | Chief Executive Officer and Chairman | |
Name: Yunlong Sha | ||
/s/ Ming Hu | Director | |
Name: Ming Hu | ||
/s/ Kehai Xie | Director | |
Name: Kehai Xie | ||
/s/ Xiaoxiao Liu | Director | |
Name: Xiaoxiao Liu | ||
/s/ Peng Wang | Chief Financial Officer | |
Name: Peng Wang | (principal financial and accounting officer) | |
Authorized U.S. Representative | |||
By: | /s/ Colleen A. de Vries | ||
Name: Colleen A. de Vries | |||
Title: Senior Vice President |
Exhibit | Document |
(a) | Form of Deposit Agreement |
(d) | Opinion of White & Case LLP, counsel to the Depositary |