Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues a Hong Kong IPO at a lower valuation, according to Bloomberg News.
The company may offer a mix of cash payouts and additional Class B shares to investors in its pre-Series D, Series D and Series D+ funding rounds.
Deliberations are ongoing, and no final decisions have been made. The amount of cash and shares provided will depend on the valuation Shein secures during the IPO.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.