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424B4
IQIYI, INC. filed this Form 424B4 on 03/29/2018
Entire Document
 


Table of Contents

CAPITALIZATION

The following table sets forth our capitalization, defined as our long-term loan and total shareholders’ (deficit)/equity, as of December 31, 2017:

 

    on an actual basis;

 

    on a pro forma basis to reflect (i) the automatic conversion of all our outstanding preferred shares into 3,728,823,500 ordinary shares; (ii) the re-designation of ordinary shares held by holders other than Baidu or its affiliates into 1,231,841,032 Class A ordinary shares; and (iii) the re-designation of ordinary shares held by Baidu or its affiliates into 2,839,530,705 Class B ordinary shares, in each case immediately prior to the completion of this offering; and

 

    a pro forma as adjusted basis to reflect (i) the automatic conversion of all our outstanding preferred shares into 3,728,823,500 ordinary shares; (ii) the re-designation of ordinary shares held by holders other than Baidu or its affiliates into 1,231,841,032 Class A ordinary shares; (iii) the re-designation of ordinary shares held by Baidu or its affiliates into 2,839,530,705 Class B ordinary shares, in each case immediately prior to the completion of this offering; and (iv) the issuance and sale of 875,000,000 Class A ordinary shares in the form of ADSs by us in this offering at the initial public offering price of US$18.00 per ADS, after deducting the underwriting discounts and commissions and estimated offering expenses payable by us, assuming the underwriters do not exercise the option to purchase additional ADSs.

You should read this table together with our consolidated financial statements and the related notes included elsewhere in this prospectus and the information under “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

 

     As of December 31, 2017  
     Actual      Pro
forma
     Pro forma
as adjusted(1)
 
     (RMB in thousands)  

Non-Current Liabilities

  

Long-term loan

     284,000        284,000        284,000  

Mezzanine Equity

     

Series A redeemable convertible preferred shares

     606,140        —          —    

Series A-1 redeemable convertible preferred shares

     6,826        —          —    

Series B redeemable convertible preferred shares

     1,546,912        —          —    

Series C redeemable convertible preferred shares

     954,544        —          —    

Series D redeemable convertible preferred shares

     3,195,670        —          —    

Series E redeemable convertible preferred shares

     2,344,683        —          —    

Series F redeemable convertible preferred shares

     3,530,583        —          —    

Series G redeemable convertible preferred shares

     10,416,306        —          —    
  

 

 

    

 

 

    

 

 

 

Total mezzanine equity

     22,601,664        —          —    
  

 

 

    

 

 

    

 

 

 

 

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