Used Car Platform DASOUCHE Lists on Nasdaq, Becoming First Chinese Company to Go Public in the U.S. in 2026

On June 25, 2026, DSC Holdings Ltd. ("DaSouChe") listed its shares on the Nasdaq Global Market in the United States under the ticker symbol "DSC," becoming the first Chinese company to go public in the U.S. in 2026. The company offered 3,000,000 American Depositary Shares (ADSs) in this initial public offering at a price of $17.00 per ADS, raising approximately $51 million (excluding the over-allotment option). Additionally, the company granted the underwriters a 30-day over-allotment option to purchase up to an additional 450,000 ADSs at the same offering price.