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Luckin Coffee Inc - ADR
Phone: +86 5923386666p:+86 5923386666 XIAMEN, FUJ  361008  China Ticker: LKNCYLKNCY

Filed a Chapter 15 Petition on 2/5/2021 to gain the recognition and protection of the US Courts for its foreign proceeding.
On 7/15/2020, Luckin Coffee Inc. announced that the Grand Court of the Cayman Islands appointed Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited to act as “light-touch” Joint Provisional Liquidators of the Company. The appointment was made pursuant to an application to appoint Provisional Liquidators by Luckin Coffee in response to a Winding Up Petition filed by a creditor of the Company.
On 2/5/2021, The Joint Provisional Liquidators of Luckin Coffee Inc., Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, filed a Chapter 15 Bankruptcy Petition #21-10228 in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan) in order to gain recognition of the Company’s Provisional Liquidation pending before the Grand Court of the Cayman Islands.

Business Summary
Luckin Coffee Inc. is a China-based holding company mainly engaged in coffee retail business. The Company applies new retail models for coffee sales and services. The Company operates primarily through mobile apps and pick-up stores. The Company's products mainly include freshly brewed drinks, juices and light meals. The Company's main brand is Luckin Coffee.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
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Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
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Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201912/31/2018YesYes-Yes-

Business Names
Business Name
LK
LKNCY

General Information
Number of Employees: 8,485 (As of 3/31/2019)
Outstanding Shares: 2,354,149,712 (As of 12/7/2020)
Stock Exchange: OTC


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Thursday, May 13, 2021