We advised UP Fintech Holdings Limited on its SEC-registered offering

Davis Polk advised UP Fintech in connection with its offering of 7,475,000 American depositary shares, each representing 15 ordinary shares of the company. The gross proceeds from the transaction amounted to approximately $183.1 million.

UP Fintech (NASDAQ: TIGR) is a leading integrated financial technology platform providing cross-market, multi-product investment experience for investors around the world. UP Fintech primarily operates a one-stop digital brokerage platform, which serves as a gateway and provides the brokerage services, ESOP management services, IPO distributions services and more for retail and corporate clients.

The Davis Polk corporate team included partner Li He and registered foreign lawyers Kevin Zhang and Haiyang Zhao. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Counsel Sarah E. Kim provided 1940 Act advice. Members of the Davis Polk team are based in the Hong Kong, London and New York offices.

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