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0.011778918755663 0.0329205678042888 0.011778918755663 0.011778918755663 0.0338266384778014 -0.0135910601026879 -0.0568408335850196 -0.0824645122319541
Stock impact report

Jumia Announces "at the market offering” Sales Agreement with Citi

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) 
Company Research Source: Business Wire
BERLIN--(BUSINESS WIRE)--Jumia Technologies AG (“Jumia”), the leading pan-African e-commerce platform, today announced that it had entered into an “at the market offering” sales agreement with Citigroup Global Markets Inc. (“Citi”) for an aggregate 7,969,984 of Jumia’s ADSs. Jumia intends to use the net proceeds from this offering for general corporate purposes. The amount of net proceeds will depend upon the market price at which the ADSs are sold.A shelf registration statement was previously filed with the SEC and declared effective by the SEC on July 30, 2020. A prospectus supplement adds to, updates or otherwise changes information contained in the accompanying prospectus and has been filed with the SEC and is available on the SEC’s website located at www.sec.gov. Prospective investors should read the prospectus, the prospectus supplement and other documents the Company has filed with the SEC (some of which are incorporated by reference into the prospectus and prospectus suppl Show less Read more
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