INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Phoenix Tree Holdings Limited (DNK) Investors
Phoenix Tree Holdings Limited (DNK)
Company Research
Source: Business Wire
BENSALEM, Pa--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Phoenix Tree Holdings Limited ("Phoenix" or the "Company") (NASDAQ: DNK) American Depositary Shares (“ADS” or “shares”) pursuant and/or traceable to the Registration Statement issued in connection with the Company’s January 22, 2020 initial public offering (“IPO”). Phoenix investors have until June 26, 2020 to file a lead plaintiff motion.Investors suffering losses on their Phoenix investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.On or about January 17, 2020, the Company sold 9.6 million shares of stock in its initial public stock offering (“IPO”), at $13.50 a share raising $130 million in new capital.On March 25, 2020, Phoenix announced its financial results for fourth quarter and full year 2019
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