SEC Filings

Form 424B4
GRIDSUM HOLDING INC. filed this Form 424B4 on 09/23/2016
Document Outline
Entire Document (5319.8 KB)
Subdocument 1 - 424B4 - 424B4
Page 1 - 6,700,000 American Depositary Shares
Page 2 - N/A
Page 3 - TABLE OF CONTENTS
Page 4 - PROSPECTUS SUMMARY
Page 5 - Our Core Technology
Page 6 - Corporate History and Structure
Page 7 - Implications of Status as an Emerging Growth Company
Page 8 - Corporate Information
Page 9 - THE OFFERING
Page 10 - N/A
Page 11 - N/A
Page 12 - SUMMARY CONSOLIDATED FINANCIAL DATA
Page 13 - N/A
Page 14 - Non-GAAP Financial Measures
Page 15 - N/A
Page 16 - RISK FACTORS
Page 17 - We have experienced rapid growth in recent periods and expect our growth to continue. If we are not
Page 18 - We depend upon sales of our marketing automation solutions to enterprise customers for a significant
Page 19 - If we are not able to develop and introduce new solutions and enhancements of existing solutions tha
Page 20 - If the market for our cloud-based SaaS offerings develops more slowly than we expect, our growth may
Page 21 - Our growth prospects will be adversely affected if we fail to successfully execute our mobile strate
Page 22 - Our business collects and processes a large amount of data, and the improper use or disclosure of su
Page 23 - If we lose key members of our management team or are unable to attract and retain executives and emp
Page 24 - The market in which we participate is intensely competitive, and if we do not compete effectively, o
Page 25 - Interruptions or performance problems associated with our technology and infrastructure may adversel
Page 26 - We may be sued by third parties for alleged infringement of their proprietary rights.
Page 27 - Risks Relating to Our Corporate Structure
Page 28 - We rely on contractual arrangements with Gridsum PRC Holding and its shareholders for our operations
Page 29 - We may lose the ability to use assets held by Gridsum PRC Holding or its subsidiaries that are impor
Page 30 - Uncertainties in the interpretation and enforcement of PRC laws and regulations could limit the lega
Page 31 - The failure of our PRC-resident beneficial owners to comply with PRC foreign exchange regulations ma
Page 32 - Any limitation on the ability of the WFOE to make distributions to us, or the tax implications there
Page 33 - Governmental control of currency conversion may limit our ability to pay dividends and other obligat
Page 34 - Fluctuation in the value of the RMB may have a material adverse effect on the value of your investme
Page 35 - Any change in the preferential tax treatment we enjoy in the PRC may materially adversely impact our
Page 36 - Risks Relating to the ADSs and This Offering
Page 37 - Because the initial public offering price is substantially higher than the pro forma net tangible bo
Page 38 - Because we do not expect to pay dividends in the foreseeable future after this offering, you must re
Page 39 - You may experience dilution of your holdings due to inability to participate in rights offerings.
Page 40 - The depositary for the ADSs will give us a discretionary proxy to vote the Class B ordinary shares u
Page 41 - We may be classified as a passive foreign investment company, or PFIC, under U.S. federal income tax
Page 42 - We are a foreign private issuer within the meaning of the rules under the Exchange Act, and as such
Page 43 - Any requirement to obtain prior approval from the CSRC could delay this offering, and a failure to o
Page 44 - As a result of becoming a public company, we will be obligated to maintain effective internal contro
Page 45 - SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INDUSTRY DATA
Page 46 - USE OF PROCEEDS
Page 47 - DIVIDEND POLICY
Page 48 - CAPITALIZATION
Page 49 - N/A
Page 50 - DILUTION
Page 51 - N/A
Page 52 - EXCHANGE RATE INFORMATION
Page 53 - ENFORCEABILITY OF CIVIL LIABILITIES
Page 54 - CORPORATE HISTORY AND STRUCTURE
Page 55 - N/A
Page 56 - Contractual Arrangements with Gridsum PRC Holding and its Shareholders
Page 57 - Equity Pledge Agreements
Page 58 - SELECTED CONSOLIDATED FINANCIAL DATA
Page 59 - N/A
Page 60 - N/A
Page 61 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF
Page 62 - Factors Affecting Our Performance
Page 63 - Investment in Infrastructure
Page 64 - Sales and Marketing Investments
Page 65 - Key Components of Results of Operations
Page 66 - Research and Development Expenses
Page 67 - China
Page 68 - Results of Operations
Page 69 - Comparison of the Six Months Ended June 30, 2015 and 2016
Page 70 - Operating Expenses
Page 71 - Cost of Revenues
Page 72 - Research and Development Expenses
Page 73 - Operating Expenses
Page 74 - N/A
Page 75 - Quarterly Net Revenue Trends
Page 76 - Liquidity and Capital Resources
Page 77 - Operating Activities
Page 78 - Investing Activities
Page 79 - Financing Activities
Page 80 - Internal Control over Financial Reporting
Page 81 - Off-Balance Sheet Commitments and Arrangements
Page 82 - Interest Rate Risk
Page 83 - Revenue Recognition
Page 84 - e-Government and Other
Page 85 - Share-based Compensation
Page 86 - N/A
Page 87 - Income Taxes
Page 88 - N/A
Page 89 - N/A
Page 90 - BUSINESS
Page 91 - Enterprise IT Environment
Page 92 - Emergence of Big Data Technologies for Structured and Unstructured Data
Page 93 - Fast and Efficient Multi-dimensional Drill-down
Page 94 - Gridsum Big Data Platform
Page 95 - Natural language processing technologies
Page 96 - Powerful Cumulative Data Assets
Page 97 - Our Growth Strategy
Page 98 - Our Solutions
Page 99 - Mobile Dissector
Page 100 - Ad Dissector
Page 101 - E-Government Suite
Page 102 - Video Dissector
Page 103 - Law Dissector and Smart Push. Law Dissector
Page 104 - Our Customers
Page 105 - Coca-Cola Gaining App Marketing Insights with Mobile Dissector
Page 106 - The People's Government of Hainan Province Responding to Public Concerns with Data Support
Page 107 - Operations
Page 108 - Sales and Marketing
Page 109 - Collaboration Projects with Leading Universities
Page 110 - Competition
Page 111 - Legal Proceedings
Page 112 - PRC REGULATION
Page 113 - Regulations on Advertising Business
Page 114 - Computer Software Copyright
Page 115 - Regulations on Employment
Page 116 - N/A
Page 117 - Income Tax for Share Transfers
Page 118 - Dividends Withholding Tax
Page 119 - Equity Incentive Plans
Page 120 - MANAGEMENT
Page 121 - Yanchun Bai
Page 122 - John Jiyang Liu
Page 123 - Board of Directors
Page 124 - Compensation Committee
Page 125 - Duties of Directors
Page 126 - Stock Options.
Page 127 - Eligibility.
Page 128 - Compliance with Law.
Page 129 - PRINCIPAL SHAREHOLDERS
Page 130 - N/A
Page 131 - N/A
Page 132 - RELATED PARTY TRANSACTIONS
Page 133 - DESCRIPTION OF SHARE CAPITAL
Page 134 - Conversion
Page 135 - Calls on Ordinary Shares and Forfeiture of Ordinary Shares
Page 136 - Preferred Shares
Page 137 - Demand Registration Rights
Page 138 - Termination of Obligations
Page 139 - Differences in Corporate Law
Page 140 - Shareholders' Suits
Page 141 - Directors' Fiduciary Duties
Page 142 - Cumulative Voting
Page 143 - bona fide
Page 144 - DESCRIPTION OF AMERICAN DEPOSITARY SHARES
Page 145 - As an owner of ADSs, we will not treat you as one of our shareholders and you will not have direct s
Page 146 - Distributions of Class B Ordinary Shares
Page 147 - Elective Distributions
Page 148 - Changes Affecting Shares
Page 149 - Transfer, Combination and Split Up of ADRs
Page 150 - Voting Rights
Page 151 - Fees and Charges
Page 152 - Amendments and Termination
Page 153 - Books of Depositary
Page 154 - Pre-Release Transactions
Page 155 - Governing Law/Waiver of Jury Trial
Page 156 - SHARES ELIGIBLE FOR FUTURE SALE
Page 157 - Rule 701
Page 158 - TAXATION
Page 159 - N/A
Page 160 - Material United States Federal Income Tax Considerations
Page 161 - Dividends
Page 162 - Sale or Other Disposition of ADSs or Class B Ordinary Shares
Page 163 - N/A
Page 164 - Medicare Tax
Page 165 - UNDERWRITING (CONFLICTS OF INTEREST)
Page 166 - Conflict of Interest
Page 167 - Subscription by Existing Shareholders
Page 168 - Electronic Distribution
Page 169 - Cayman Islands
Page 170 - Japan
Page 171 - United Arab Emirates
Page 172 - EXPENSES RELATED TO THIS OFFERING
Page 173 - LEGAL MATTERS
Page 174 - EXPERTS
Page 175 - WHERE YOU CAN FIND ADDITIONAL INFORMATION
Page 176 - Gridsum Holding Inc.
Page 177 - Report of Independent Registered Public Accounting Firm
Page 178 - N/A
Page 179 - CONSOLIDATED BALANCE SHEETS (continued)
Page 180 - CONSOLIDATED BALANCE SHEETS (continued)
Page 181 - Gridsum Holding Inc.
Page 182 - Gridsum Holding Inc.
Page 183 - Gridsum Holding Inc.
Page 184 - 1. Organization and Principal Activities
Page 185 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 186 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 187 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 188 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 189 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 190 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 191 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 192 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 193 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 194 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 195 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 196 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 197 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 198 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 199 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 200 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 201 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 202 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 203 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 204 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 205 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 206 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 207 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 208 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 209 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 210 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 211 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 212 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 213 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 214 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 215 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 216 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 217 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 218 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 219 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 220 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 221 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 222 - UNAUDITED INTERIM CONSOLIDATED BALANCE SHEETS
Page 223 - UNAUDITED INTERIM CONSOLIDATED BALANCE SHEETS (continued)
Page 224 - UNAUDITED INTERIM CONSOLIDATED BALANCE SHEETS (continued)
Page 225 - UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Page 226 - UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF
Page 227 - UNAUDITED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
Page 228 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS
Page 229 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 230 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 231 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 232 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 233 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 234 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 235 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 236 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 237 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 238 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 239 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 240 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 241 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 242 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 243 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 244 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 245 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 246 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 247 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 248 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 249 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 250 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 251 - NOTES TO THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (continued)
Page 252 - N/A
Page 253 - N/A