• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    GDS Announces Closing of Offering of American Depositary Shares in connection with the Delta Placement of Borrowed ADSs

    5/30/25 12:25:23 PM ET
    $GDS
    Computer Software: Programming Data Processing
    Technology
    Get the next $GDS alert in real time by email

    SHANGHAI, China, May 30, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced the closing of a previously announced registered public offering of 6,000,000 American Depositary Shares ("ADSs"), each representing eight Class A ordinary shares, par value US$0.00005 per share (the "Delta Placement of Borrowed ADSs"), at a public offering price of US$24.50 per ADS (the "Delta Public Offering Price"), which the Company lent (such loaned ADSs, the "Borrowed ADSs") to an affiliate of the underwriter in the ADS offering (such affiliate, the "ADS Borrower") pursuant to an ADS lending agreement with the ADS Borrower (the "ADS Lending Agreement").

    The ADS Borrower or its affiliate received all of the proceeds from the sale of the Borrowed ADSs. The Company did not receive any proceeds from the Delta Placement of Borrowed ADSs but received from the ADS Borrower a nominal lending fee, which was applied to fully pay up the Class A ordinary shares underlying the Borrowed ADSs. The Company believes that the Borrowed ADSs will not be considered outstanding for the purpose of computing and reporting its earnings per ADS under the current U.S. Generally Accepted Accounting Principles and, therefore, the Company believes that no dilution will occur as a result of the Borrowed ADSs.

    The Borrowed ADSs were sold concurrently with the pricing of the Notes Offering (as defined below) and the Primary ADSs Offering (as defined below). The Company was informed by the ADS Borrower that it or its affiliates intends to use the short position resulting from the Delta Placement of the Borrowed ADSs to facilitate privately negotiated derivatives transactions related to the Notes. The activity described above could affect the market price of the Company's ADSs or the Notes otherwise prevailing at that time.

    The Company also announced today by separate press release the closing of an offering of 2.25% convertible senior notes in an aggregate principal amount of US$550 million due 2032 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), which amount reflects the exercise in full by the initial purchasers of their option to purchase an additional US$50 million in aggregate principal amount of the Notes (collectively, the "Notes Offering").

    The Company also announced today by separate press release the closing of a separate registered public offering (the "Primary ADSs Offering") of 5,980,000 ADSs (the "Primary ADSs"), at a public offering price of US$24.50 per ADS (which is the same public offering price as the Delta Public Offering Price), and reflecting the exercise in full by the underwriters in the Primary ADSs Offering of their option to purchase 780,000 additional Primary ADSs.

    Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, including the Borrowed ADSs, the Notes or the Primary ADSs, nor shall there be any offer or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The Delta Placement of Borrowed ADSs and the Primary ADSs Offering were made only by means of separate prospectus supplements and accompanying prospectuses pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission (the "SEC").

    The Company filed an automatic shelf registration statement on Form F-3 with the SEC. A preliminary prospectus supplement and the accompanying prospectus describing the terms of the Delta Placement of Borrowed ADSs were filed with the SEC. The prospectus supplement for the Delta Placement of Borrowed ADSs was filed with the SEC. The Delta Placement of Borrowed ADSs was made only by means of the prospectus supplement and accompanying prospectus. You may obtain these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204 or by email at [email protected].

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ:GDS, HKEX: 9698)) is a leading developer and operator of high-performance data centers in China. The Company's facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company's data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company's customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in Day One Data Centers Limited which develops and operates data centers in International markets.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "continue," "estimate," "expect," "future," "guidance," "intend," "is/are likely to," "may," "ongoing," "plan," "potential," "target," "will," and similar statements. Among other things, statements that are not historical facts, including statements about GDS Holdings' beliefs and expectations regarding the Notes Offering, Delta Placement of Borrowed ADSs and the Primary ADSs Offering, the growth of its businesses and its revenue for the full fiscal year, the business outlook and quotations from management in this announcement, as well as GDS Holdings' strategic and operational plans, are or contain forward-looking statements. GDS Holdings may also make written or oral forward-looking statements in its periodic reports to the SEC on Forms 20-F and 6-K, in its current, interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of the Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause GDS Holdings' actual results or financial performance to differ materially from those contained in any forward-looking statement, including but not limited to the following: GDS Holdings' goals and strategies; GDS Holdings' future business development, financial condition and results of operations; the expected growth of the market for high-performance data centers, data center solutions and related services in China and regions in which GDS' major equity investees operate, such as South East Asia; GDS Holdings' expectations regarding demand for and market acceptance of its high-performance data centers, data center solutions and related services; GDS Holdings' expectations regarding building, strengthening and maintaining its relationships with new and existing customers; the results of operations, growth prospects, financial condition, regulatory environment, competitive landscape and other uncertainties associated with the business and operations of our significant equity investee DayOne; the continued adoption of cloud computing and cloud service providers in China and other major markets that may impact the results of our equity investees, such as South East Asia; risks and uncertainties associated with increased investments in GDS Holdings' business and new data center initiatives; risks and uncertainties associated with strategic acquisitions and investments; GDS Holdings' ability to maintain or grow its revenue or business; fluctuations in GDS Holdings' operating results; changes in laws, regulations and regulatory environment that affect GDS Holdings' business operations and those of its major equity investees; competition in GDS Holdings' industry in China and in markets that affect the business of our major equity investees, such as South East Asia; security breaches; power outages; and fluctuations in general economic and business conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in GDS Holdings' filings with the SEC, including its annual report on Form 20-F, and with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that GDS Holdings believes to be reasonable as of such date, and GDS Holdings does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For investor and media inquiries, please contact:

    GDS Holdings Limited

    Laura Chen

    Phone: +86 (21) 2029-2203

    Email: [email protected]

    Piacente Financial Communications

    Ross Warner

    Phone: +86 (10) 6508-0677

    Email: [email protected]

    Brandi Piacente

    Phone: +1 (212) 481-2050

    Email: [email protected]

    GDS Holdings Limited



    Get the next $GDS alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GDS

    DatePrice TargetRatingAnalyst
    3/20/2025$53.00Outperform → Strong Buy
    Raymond James
    3/18/2025$45.00Hold → Buy
    Jefferies
    2/25/2025$26.00 → $37.00Outperform → Sector Perform
    RBC Capital Mkts
    2/24/2025$27.06 → $45.00Buy → Hold
    Jefferies
    2/11/2025Neutral → Buy
    Daiwa Securities
    1/27/2025$35.00Mkt Outperform
    JMP Securities
    7/8/2024$13.00 → $14.00Sector Perform → Outperform
    RBC Capital Mkts
    7/7/2023$24.50 → $15.50Buy
    BofA Securities
    More analyst ratings

    $GDS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by GDS Holdings Limited

      SC 13G/A - GDS Holdings Ltd (0001526125) (Subject)

      11/14/24 6:00:14 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13D/A filed by GDS Holdings Limited (Amendment)

      SC 13D/A - GDS Holdings Ltd (0001526125) (Subject)

      5/29/24 8:54:58 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G filed by GDS Holdings Limited

      SC 13G - GDS Holdings Ltd (0001526125) (Subject)

      2/14/24 6:00:20 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology

    $GDS
    SEC Filings

    See more
    • SEC Form 6-K filed by GDS Holdings Limited

      6-K - GDS Holdings Ltd (0001526125) (Filer)

      5/29/25 4:16:41 PM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • SEC Form FWP filed by GDS Holdings Limited

      FWP - GDS Holdings Ltd (0001526125) (Subject)

      5/29/25 4:15:29 PM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 424B5 filed by GDS Holdings Limited

      424B5 - GDS Holdings Ltd (0001526125) (Filer)

      5/29/25 8:17:50 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology

    $GDS
    Leadership Updates

    Live Leadership Updates

    See more
    • GDS Announces Results of Annual General Meeting of Shareholders

      SHANGHAI, China, June 27, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it held its Annual General Meeting of Shareholders ("2024 AGM") on June 27, 2024. Each of the resolutions submitted to the shareholders for approval at the 2024 AGM has been approved. Specifically, the shareholders of the Company passed ordinary resolutions approving: Re-election of Mr. Lim Ah Doo as a director of the Company;Re-election of Mr. Chang Sun as a director of the Company;Re-election of Ms. Judy Qing Ye as a director of the

      6/27/24 7:20:04 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Appoints Jamie Khoo As CEO of GDS International

      SHANGHAI, China, March 26, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS", "GDSH" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the appointment of Ms. Jamie Khoo, currently the Chief Operating Officer ("COO") of GDS, as the Chief Executive Officer ("CEO") of DigitalLand Holdings Limited ("GDS International" or "GDSI"), the holding company for GDS's international data center assets and operations. The appointment is effective at the closing of the Series A capital raise of GDS International which has been announced today. Concurrently, Jamie will step down as

      3/26/24 7:45:58 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Announces Changes to Board of Directors

      SHANGHAI, China, Dec. 07, 2023 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698))), a leading developer and operator of high-performance data centers in China and South East Asia, today announced, effective December 4, 2023, that Mr. Lee Choong Kwong, director of the board of directors ("Board"), resigned from the Board for personal reasons. The Company also announced the appointment of Mr. Liu Chee Ming to the Board as a director effective December 4, 2023. Mr. Liu has been appointed as a director by STT GDC Pte Ltd. pursuant to the exercise of its appointment right under the GDS Articles of Association. Mr. Liu has over 40 years

      12/7/23 5:00:40 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology

    $GDS
    Financials

    Live finance-specific insights

    See more
    • GDS Holdings Limited Reports First Quarter 2025 Results

      SHANGHAI, China, May 20, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Net revenue increased by 12.0% year-over-year ("Y-o-Y") to RMB2,723.2 million (US$375.3 million) in the first quarter of 2025 (1Q2024: RMB2,432.2 million).Net income was RMB764.1 million (US$105.3 million) in the first quarter of 2025 (1Q2024: net loss of RMB344.9 million).Net income margin was 28.1% in the first quarter of 2025 (1Q2024: net loss

      5/20/25 7:28:00 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS to Report First Quarter 2025 Financial Results Before the Open of the U.S. Market on May 20, 2025

      SHANGHAI, China, May 07, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced that it will report its first quarter 2025 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on May 20, 2025. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 20, 2025 (8:00 PM Hong Kong Time on the same day). Participants should complete online registration using the link provided below at least 15 minutes before the scheduled start time. Upon re

      5/7/25 7:00:29 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS to Report Fourth Quarter and Full Year 2024 Financial Results Before the Open of the U.S. Market on March 19, 2025

      SHANGHAI, China, March 05, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced that it will report its fourth quarter and full year 2024 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on March 19, 2025. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 19, 2025 (8:00 PM Hong Kong Time on the same day). Participants should complete online registration using the link provided below at least 15 minutes before the schedu

      3/5/25 6:00:10 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology

    $GDS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • GDS Announces Closing of Offering of US$550 Million Convertible Senior Notes and Full Exercise of Option to Purchase Additional Notes

      SHANGHAI, China, May 30, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced the closing of its previously announced offering of 2.25% convertible senior notes in an aggregate principal amount of US$550 million due 2032 (the "Notes"), which amount reflects the exercise in full by the initial purchasers of their option to purchase an additional US$50 million in aggregate principal amount of the Notes (collectively, the "Notes Offering"). The Notes were offered in a private offering to persons reasonably believed to be qualified institution

      5/30/25 12:25:33 PM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Announces Closing of Offering of American Depositary Shares in connection with the Delta Placement of Borrowed ADSs

      SHANGHAI, China, May 30, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced the closing of a previously announced registered public offering of 6,000,000 American Depositary Shares ("ADSs"), each representing eight Class A ordinary shares, par value US$0.00005 per share (the "Delta Placement of Borrowed ADSs"), at a public offering price of US$24.50 per ADS (the "Delta Public Offering Price"), which the Company lent (such loaned ADSs, the "Borrowed ADSs") to an affiliate of the underwriter in the ADS offering (such affiliate, the "ADS Bo

      5/30/25 12:25:23 PM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Announces Closing of Public Offering of ADSs and Full Exercise of Option to Purchase Additional ADSs

      SHANGHAI, China, May 30, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ:GDS, HKEX: 9698)), a leading developer and operator of high-performance data centers in China, today announced the closing of its previously announced underwritten registered public offering of 5,980,000 American Depositary Shares ("ADSs"), each representing eight Class A ordinary shares, par value US$0.00005 per share (the "Primary ADSs Offering"), at a public offering price of US$24.50 per ADS (the "Primary ADSs Offering Price"), and reflecting the exercise in full by the underwriters of their option to purchase 780,000 additional ADSs. GDS received net proceeds from t

      5/30/25 12:25:02 PM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology

    $GDS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • GDS Holdings upgraded by Raymond James with a new price target

      Raymond James upgraded GDS Holdings from Outperform to Strong Buy and set a new price target of $53.00

      3/20/25 7:46:09 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Holdings upgraded by Jefferies with a new price target

      Jefferies upgraded GDS Holdings from Hold to Buy and set a new price target of $45.00

      3/18/25 7:51:57 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology
    • GDS Holdings downgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts downgraded GDS Holdings from Outperform to Sector Perform and set a new price target of $37.00 from $26.00 previously

      2/25/25 7:08:39 AM ET
      $GDS
      Computer Software: Programming Data Processing
      Technology