Company: GDHLF
Filing Date: 2025-05-29
Form Type: 424B5
Source: 0001104659-25-053917
Chunk: 67

Company: GDS Holdings Ltd
Filing Date: 2025-05-29
Form: 424B5
Chunk 67
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 US$0.67 per ADS. The following table shows the per ADS and total underwriting discounts and commissions to be paid to the underwriters assuming both no exercise and full exercise of the underwriters’ option to purchase additional ADSs.

| ​       | ​ | ​ | Without exercise of option topurchase additional ADSs |     |           |   | ​ | ​ | With full exercise of option topurchase additional ADSs |     |           |   | ​ |
| Per ADS | ​ | ​ | ​                                                     | US$ |      0.67 | ​ | ​ | ​ | ​                                                       | US$ |      0.67 | ​ | ​ |
| Total   | ​ | ​ | ​                                                     | US$ | 3,503,500 | ​ | ​ | ​ | ​                                                       | US$ | 4,029,025 | ​ | ​ |

We have also agreed to reimburse the underwriters for certain of their expenses in an amount not to exceed US$30,000.

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TABLE OF CONTENTS

We estimate that the total expenses of this offering, including registration, filing and listing fees, printing fees and legal and accounting expenses, but excluding the underwriting discounts and commissions, will be approximately US$0.9 million.

#### Electronic Distribution
A prospectus in electronic format may be made available on the web sites maintained by one or more underwriters, or selling group members, if any, participating in the offering. The underwriters may agree to allocate a number of ADSs to underwriters and selling group members for sale to their online brokerage account holders. Internet distributions will be allocated by the representatives to underwriters and selling group members that may make Internet distributions on the same basis as other allocations.

#### Lock-Up Agreements
We have agreed that, with limited exceptions, we will not (i) offer, pledge, issue, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, or file with the SEC a registration statement under the Securities Act relating to, any of our ordinary shares or the ADSs, or securities convertible into or exchangeable or exercisable for any of our ordinary shares or the ADSs, or publicly disclose the intention to make any offer, sale, pledge, disposition or filing, or (ii) enter into any swap, hedge or other arrangement that transfers all or a portion of the economic consequences