Back    Zoom +    Zoom -
<IPO>CREALITY (03388.HK) Starts IPO Today; Entry Fee HKD2,848.44; Net Proceeds HKD1.27B
Recommend
9
Positive
14
Negative
6
Consumer-grade 3D printing products and services provider CREALITY (03388.HK) announced details of its IPO. The stock will start its public offering today (20th) and close at noon next Tuesday (26th), with listing expected next Friday (29th). The company plans to globally offer 73.4276 million H shares. The offer price is HKD18.8 per share. Based on a board lot of 150 shares, the entry fee per lot is approximately HKD2,848.44. The sole sponsor is CICC.

The company introduced 15 cornerstone investors for the IPO, including Taikang Life, CITIC Industrial under CITIC (00267.HK), CPE Greater China, Martis Fund, GBAHIL, Apex, Oasis Fund, Jump Trading, Polymer, Colloway, Seven Grand, ICSA and Optimas Capital, which collectively subscribed for approximately USD88 million (approximately HKD689 million) worth of shares.

Related News M Stanley: Xi-Trump Meeting Lifts A-Share Sentiment, Prefers A-Shrs over H Shrs, Sets 2Q27 HSI TP at 28,400
The company expected to raise net proceeds of approximately HKD1.272 billion from the listing.
Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details

AASTOCKS Financial News