Preliminary IPO Price definition

Preliminary IPO Price means the estimated IPO Price computed based on the estimated offering price per ADS in the US Listing as communicated by the Underwriter to the Cayman Listco, which shall be computed as follows Represented By one ADS”;
Preliminary IPO Price has the meaning ascribed to it in Clause 6.1(b);
Preliminary IPO Price means the indicative issue price for each Ordinary Share in connection with the initial public offering and listing of the Company on the Approved Stock Exchange, as determined by the Company;