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BrainAurora Medical Technology Launches HK$583 Million Hong Kong IPO
[New IPO] Brain Motion Aurora Mobile (06681) starts accepting subscriptions today. The entry fee is 3,252.47 HKD.
Jinwu Financial News | Aurora Mobile (06681) has started its public offering today, intending to issue 0.181 billion H shares, with 10% allocated for public sale in Hong Kong and the remaining for international placement, plus an additional 15% over-allotment option. The offer price is 3.22 HKD per share, with a minimum purchase of 1,000 shares, totaling an entry fee of 3,252.47 HKD. China International Capital Corporation and Shanghai Pudong Development Bank International are the joint sponsors. The shares are expected to be listed on January 8, 2025. The company expects to raise approximately 0.501 billion HKD net, with about 40.0% planned for further research and development activities, advancing more clinical trials for additional indications, and promoting core products.
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