"NuoBiKan" starts its IPO today, with an entry fee of HKD 5,353.45 for 50 shares

AASTOCKS
2025.12.15 01:11

NUOBIKAN (02635.HK) today (15th) starts its IPO, offering 3.7866 million shares, of which 378,700 shares are for public offering in Hong Kong. The offer price per share is between HKD 80 and HKD 106, with a minimum subscription of 50 shares, resulting in an entry fee of HKD 5,353.45. The maximum fundraising amount is HKD 401 million, with the subscription period ending on December 18th, and the listing expected on December 23rd.

The company plans to use approximately 40% of the net proceeds over the next three years to continue research and strengthen core technologies; about 40% for the construction of a research and development technology center and a new headquarters; about 10% to seek potential strategic investments and acquisition opportunities; and about 10% for working capital and general corporate purposes

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