Pateo Connect raises $49 million in new share sale at 17.6% discount
Smart cockpit and connected vehicle solutions provider Pateo Connect Technology (Shanghai) Corp. (2889.HK) announced on Wednesday that it will sell 2.26 million new shares for HK$173.40 each, representing a 17.6%…
MMG to raise $1.6 billion through share placement and convertible bonds
Mining company MMG Ltd. (1208.HK) announced on Monday it plans to raise HK$12.62 billion ($1.61 billion) through a share placement and convertible bond sale, with proceeds earmarked for debt refinancing,…
BRIEF: Unisound launches third share placement this year to raise $48.6 million
AI company Unisound AI Technology Co. Ltd. (9678.HK) said on Wednesday it plans to sell 1.7 million new shares for HK$228 each, representing a discount of about 19.89% to its…
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) announced on Tuesday it plans to place 62.4 million new Hong Kong-listed H-shares at HK$628.20 each, representing a…
BRIEF: Ascletis raises $107 million to fund obesity drug trials
Ascletis Pharma Inc. (1672.HK) saidon Tuesday that it raised about HK$835 million ($107 million) by selling 69.26 million new shares in a placement at HK$12.18 each. The placement price represents…
BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: SenseTime to raise $405 million via share placement at 8.6% discount
AI company SenseTime Group Inc. (0020.HK) said on Thursday it will raise HK$3.15 billion ($405 million) by placing around 1.75 billion new Class B shares at HK$1.80 per share, representing…