{"id":888713,"date":"2025-09-23T08:53:34","date_gmt":"2025-09-23T12:53:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/"},"modified":"2025-09-23T08:53:34","modified_gmt":"2025-09-23T12:53:34","slug":"kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/","title":{"rendered":"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">BEIJING<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 23, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Kingsoft Cloud Holdings Limited (&#8220;Kingsoft Cloud&#8221; or the &#8220;Company&#8221;) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in <span class=\"xn-location\">China<\/span>, today announced the pricing of its upsized\u00a0HK$2,802 million offering of 338,000,000 ordinary shares of the Company (the &#8220;Placing Shares&#8221;), at an offering price of <span class=\"xn-money\">HK$8.29<\/span> per Placing Share (the &#8220;Placing&#8221;). The Placing Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). The Company expects to close the Placing on or <span id=\"spanHghlt395a\">before<\/span>\u00a0October 2, 2025 (the &#8220;Closing Date&#8221;), subject to the satisfaction of customary closing conditions.<\/p>\n<p>Morgan Stanley Asia Limited has been appointed as the placing agent.<\/p>\n<p>The Company currently plans to use the net proceeds from the Placing (the &#8220;<b>Placing Proceeds<\/b>&#8220;) by <span class=\"xn-chron\">December 31<\/span>, 2028\u00a0in the following manners: (i) 80% of the Placing Proceeds to support our AI business,\u00a0including expand infrastructure and enhance cloud service capabilities, and (ii) 20% of the\u00a0Placing Proceeds to replenish working capital and other corporate purposes.<\/p>\n<p>The Placing Shares have not been and will not be registered under the Securities Act or any state securities laws or be registered in <span class=\"xn-location\">Hong Kong<\/span> or elsewhere. They may not be offered or sold in <span class=\"xn-location\">the United States<\/span> or to U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. They will not be offered to any members of the &#8220;public&#8221; (within the meaning of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, Chapter 32 of the Laws of <span class=\"xn-location\">Hong Kong<\/span>).<\/p>\n<p>This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, in <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">Hong Kong<\/span> or elsewhere, and shall not constitute an offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.<\/p>\n<p>This press release contains information about the pending Placing, and there can be no assurance that the Placing will be completed.<\/p>\n<p>\n        <b><br \/>\n          <u>Safe Harbor Statement<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>This announcement contains forward-looking statements. These statements are made under the &#8220;safe harbor&#8221; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;aim,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;likely to&#8221;, &#8220;could&#8221;, &#8220;potential&#8221; or other similar expressions. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud&#8217;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud&#8217;s goals and strategies; Kingsoft Cloud&#8217;s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud&#8217;s business and industry; the expected growth of the cloud service market in <span class=\"xn-location\">China<\/span>; Kingsoft Cloud&#8217;s ability to monetize its customer base; general economic and business conditions in <span class=\"xn-location\">China<\/span> and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud&#8217;s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p>\n        <b><br \/>\n          <u>About Kingsoft Cloud Holdings Limited<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX:3896) is a leading cloud service provider in <span class=\"xn-location\">China<\/span>. With extensive cloud infrastructure, cutting-edge cloud-native products based on vigorous cloud technology research and development capabilities, well-architected industry-specific solutions and end-to-end fulfillment and deployment, Kingsoft Cloud offers comprehensive, reliable and trusted cloud service to customers in strategically selected verticals.<\/p>\n<p>For more information, please visit: <u><a href=\"http:\/\/ir.ksyun.com\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/ir.ksyun.com<\/a><\/u>.<\/p>\n<p>\n        <b><br \/>\n          <u>For investor and media inquiries, please contact:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Kingsoft Cloud Holdings Limited<br \/><span class=\"xn-person\">Nicole Shan<\/span><br \/>Tel: +86 (10)\u00a06292-7777 Ext. 6300<br \/><u>Email: <a href=\"mailto:ksc-ir@kingsoft.com\" target=\"_blank\" rel=\"nofollow\">ksc-ir@kingsoft.com<\/a><\/u><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=CN81076&amp;sd=2025-09-23\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/kingsoft-cloud-announces-pricing-of-upsized-hk2-802-million-offering-of-new-shares-302564434.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/kingsoft-cloud-announces-pricing-of-upsized-hk2-802-million-offering-of-new-shares-302564434.html<\/a><\/p>\n<p>SOURCE  Kingsoft Cloud Holdings Limited<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN81076&amp;Transmission_Id=202509230830PR_NEWS_USPR_____CN81076&amp;DateId=20250923\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BEIJING , Sept. 23, 2025 \/PRNewswire\/ &#8212; Kingsoft Cloud Holdings Limited (&#8220;Kingsoft Cloud&#8221; or the &#8220;Company&#8221;) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its upsized\u00a0HK$2,802 million offering of 338,000,000 ordinary shares of the Company (the &#8220;Placing Shares&#8221;), at an offering price of HK$8.29 per Placing Share (the &#8220;Placing&#8221;). The Placing Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). The Company expects to close the Placing on or before\u00a0October 2, 2025 (the &#8220;Closing Date&#8221;), subject to the satisfaction of customary closing conditions. Morgan Stanley Asia Limited has been appointed as the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-888713","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BEIJING , Sept. 23, 2025 \/PRNewswire\/ &#8212; Kingsoft Cloud Holdings Limited (&#8220;Kingsoft Cloud&#8221; or the &#8220;Company&#8221;) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its upsized\u00a0HK$2,802 million offering of 338,000,000 ordinary shares of the Company (the &#8220;Placing Shares&#8221;), at an offering price of HK$8.29 per Placing Share (the &#8220;Placing&#8221;). The Placing Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). The Company expects to close the Placing on or before\u00a0October 2, 2025 (the &#8220;Closing Date&#8221;), subject to the satisfaction of customary closing conditions. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/","og_locale":"en_US","og_type":"article","og_title":"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares - Market Newsdesk","og_description":"PR Newswire BEIJING , Sept. 23, 2025 \/PRNewswire\/ &#8212; Kingsoft Cloud Holdings Limited (&#8220;Kingsoft Cloud&#8221; or the &#8220;Company&#8221;) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its upsized\u00a0HK$2,802 million offering of 338,000,000 ordinary shares of the Company (the &#8220;Placing Shares&#8221;), at an offering price of HK$8.29 per Placing Share (the &#8220;Placing&#8221;). The Placing Shares have been offered to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). The Company expects to close the Placing on or before\u00a0October 2, 2025 (the &#8220;Closing Date&#8221;), subject to the satisfaction of customary closing conditions. Morgan Stanley Asia Limited has been appointed as the &hellip; Continue reading \"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/","og_site_name":"Market Newsdesk","article_published_time":"2025-09-23T12:53:34+00:00","og_image":[{"url":"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=CN81076&amp;sd=2025-09-23","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares","datePublished":"2025-09-23T12:53:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/"},"wordCount":739,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=CN81076&amp;sd=2025-09-23","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kingsoft-cloud-announces-pricing-of-upsized-hk2802-million-offering-of-new-shares\/","name":"Kingsoft Cloud Announces Pricing of Upsized HK$2,802 Million Offering of New Shares - 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