Chinese coffee chain company Luckin Coffee Inc. has raised $561 million in an expanded U.S. stock market offering.

Luckin Coffee, which had revenue of $71 million during the first quarter, sold 33 million American depositary shares for $17 each, after marketing 30 million shares for $15 to $17.

The listing, led by Credit Suisse Group AG, Morgan Stanley, China International Capital Corp. and Haitong International, which values Luckin at more than $3.9 billion.

Concurrent with the listing, Luckin Coffee raised a further $50 million through a private placement with Dutch merchant firm Louis Dreyfus Co.