CooTek Proposes Terms For $57 Million U.S. IPO [Seeking Alpha]
KeyCorp (KEY)
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Source: Seeking Alpha
Summary Quick Take CooTek ( CTK ) intends to raise $57 million in an IPO of ADSs representing underlying Class A shares, per an amended registration statement . The company provides smartphone keyboards and more recently an AI-powered virtual digital assistant, Talia. CTK has a top tier investor base, support for the IPO, and strong results in recent periods with prospects for continued growth in the near future. Company & Technology Shanghai, China-based CooTek was founded in 2008 to develop and maintain smartphone keyboards for iOS, Android and Windows platforms. Management is headed by Co-Founder and CEO Michael Jialiang Wang , who was previously a Product Manager at Microsoft R&D Group in China. CooTek has developed TouchPal, a virtual keyboard for smartphone devices. The keyboard supports 85 different languages and operates in more than 200 countries with more than 132 million daily active users [DAU]. Below is a brief overview video o
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