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Redeemable Convertible Preferred Shares
3 Months Ended
Mar. 31, 2024
Redeemable Convertible Preferred Shares  
Redeemable Convertible Preferred Shares

6. Redeemable Convertible Preferred Shares

Under the Company’s Memorandum and Articles of Association, as amended, prior to the IPO, the Company’s redeemable convertible preferred shares were issuable in series. Upon closing of the Company’s IPO, all outstanding redeemable convertible preferred shares automatically converted into 67,018,087

ordinary shares on a one-for-one basis. There were no issued and outstanding redeemable convertible preferred shares as of March 31, 2024 and December 31, 2023.