 NEW YORK, May 18, 2021 PRNewswire -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the American depositary shares ADSs of BlueCity Holdings Limited NASDAQ: BLCT pursuant andor traceable to the offering documents issued in connection with the Companys initial public offering conducted on or about July 8, 2020 the IPO or Offering to secure counsel in the securities class action lawsuit. SO WHAT: If you purchased BlueCity ADSs pursuant andor traceable to the Companys IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. 