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More Unpleasant Surprises Could Be In Store For Saimo Technology Co.,Ltd.'s (SZSE:300466) Shares After Tumbling 25%
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【New IPO】Saimu Technology (02571) starts subscribing today, with an entry fee of 3,636.31 HKD.
Jinwu Financial News | Sight Technology (02571) starts its IPO today, proposing to issue 33.3334 million shares Listed in Hong Kong, with 10% allocated for public sale in Hong Kong and the remainder for international placement, along with an additional 15% over-allotment option. The subscription price per share is between 12 Hong Kong dollars and 18 Hong Kong dollars, with a minimum entry fee of 3,636.31 Hong Kong dollars for 200 shares. Guangyin International is the exclusive sponsor. The shares are expected to be listed on January 15. Based on a midpoint subscription price of 15 Hong Kong dollars, the expected net fundraising amount is about 0.4279 billion Hong Kong dollars, with approximately 62.2% intended for ongoing research and development investments; about 27.8% will be used for regional expansion and
Saimu Technology will be offering shares from December 31 to January 10, with an expected listing date of January 15.
Sai Mu Technology (02571) will be offering an initial public offering from December 31, 2024, to January 10, 2025. The company plans to globally release 33.3334 million shares listed in Hong Kong, with 10% for the Hong Kong offering and 90% for the international offering. The price per share is set between 12 to 18 Hong Kong dollars, with a minimum trading unit of 200 shares. It is expected that the shares will start trading on the Stock Exchange at 9:00 AM on January 15, 2025 (Wednesday). The company is a Technology firm in China focused on Asia Vets connected vehicle (ICV) simulation testing technology, primarily engaged in the design and development of ICV simulation testing products, providing related testing, verification, and evaluation solutions.
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