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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2019
SUBSEQUENT EVENTS |
SUBSEQUENT EVENT | 22. SUBSEQUENT EVENTS The subsequent events have been evaluated through April 16, 2020, which is the date the audited consolidated financial statements were available to be issued. From January to April 2020, the Company granted options to purchase 740,000 ordinary shares with the exercise price of $2.52 per share under the Plan and 511,152 restricted share units to Group’s employees, which will vest over a four-year period with 25% of the awards vesting on the anniversary of the grant date each year. 910,042 share options were exercised and 209,974 restricted share units were vested from January to April 2020. From January to April 2020, the Company repurchased total of 511,758 ordinary shares with the total consideration of approximately $1.7 million.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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