111, Inc. gets $4.52/ADS preliminary go-private proposal
111, Inc. says co-founders and a sponsor made an unsolicited preliminary non-binding proposal to buy remaining shares for $0.226 per Class A share, or $4.52 per ADS, funded with equity. The board has not evaluated the proposal.
111, Inc. 52 per ADS, with the transaction to be funded with equity. The Board has not evaluated the proposal and there is no assurance any deal will be reached.