Summary by Moomoo AI
SenseTime Group completed the placement of 1.865 billion Class B shares on December 17, 2024, at a price of 1.5 Hong Kong dollars per share, raising a total of 2.798 billion Hong Kong dollars. After the placement, the number of Class B shares issued by the company increased from 34,528,336,530 shares to 36,393,336,530 shares, while the number of Class A shares remained unchanged at 614,034,470 shares.This placement was approved by the company's shareholders meeting on June 26, 2024. Additionally, the number of Class B shares held under the pre-IPO employee shareholding plan and restricted share unit plan decreased from 2,025,689,829 shares to 2,005,153,999 shares, among which 1,649,643,767 shares belong to the employee shareholding plan and 355,510,232 shares belong to the restricted share unit plan.