DOBOT had a 9.5% discount on its placement, netting 1.02 billion yuan

AASTOCKS
2025.07.15 00:42

Dobot Technology (02432.HK) announced that it plans to place 19.1 million new H shares, accounting for approximately 4.51% of the expanded issued share capital, with a placement price of HKD 54.3 per share, representing a discount of 9.5% compared to yesterday's (14th) closing price of HKD 60. The placement is expected to raise approximately HKD 1.037 billion, with a net amount of about HKD 1.022 billion, which is anticipated to be used for advancing technology research and product innovation in the field of intelligent robotics, seeking investment, acquisition, and strategic alliance opportunities in the robotics value chain and adjacent fields, expanding and deepening domestic and international sales networks, as well as supplementing working capital and for general corporate purposes

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