The funds raised below $800 million are data.

10 June 12, the prospectus of Giant Network appeared in the official website of the US Securities and Exchange Commission, which means that Giant Network entered the countdown when it landed on the NYSE. If the IPO is successful, Giant Network will be officially listed and traded on June 1 10, becoming the first IT company in China to land there.

According to the prospectus, the lead underwriters of Giant Network's US IPO are Merrill Lynch and UBS. The listing of Giant Network will raise 54.39 million shares, accounting for 20% of its total share capital. Shi Yuzhu, the founder of the company, held 1.40 million shares before listing, accounting for 68.43% before listing. Other 654.38+08 shareholders, mainly company executives, hold 54.59 million shares.

Up to now, Giant Network has not disclosed the price range of the stock issue price, and it is impossible to know the total amount of funds that Giant Network will raise. However, according to the current performance forecast of China online games in the US stock market, the market value of Giant Network is expected to exceed Shanda's $2.6 billion and Netease's $2.3 billion.

According to the prospectus, from June to June 2007, the total revenue of Giant Network was 687 million yuan, and the net profit for the same period was 565,438+0.2 million yuan. In the second quarter of this year, the online game Journey, the flagship product of the giant, had the highest online number of 6,543.8+0.07 million, with an average online number of 5,654.38+0.5 million.

Shi Yuzhu is one of the best computer programmers in China. In 1990s, the giant Hanka series developed by Shi Yuzhu occupied the first place in the domestic market. In 2004, Shi Yuzhu returned to the IT industry, and the first online game Journey independently developed and operated was a great success. June 5438+this year 10, Shi Yuzhu's company "Zhengtu Network" was renamed as "Giant Network".