China-based coworking firm Ucommune will move forward with its initial public offering in the U.S. next month.
The share sale of the four-year-old flexible workspace provider could raise up to $100 million and will reportedly consider a public IPO filing as soon as next week. Just last year, Ucommune was valued at $1.8 billion.
Ucommune had its beginning in China, but has started expanding its services in Hong Kong, Singapore and New York across over 200 locations in 44 cities.