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<IPO>GEEKPLUS-W (02590.HK) Begins IPO Tdy w/ 1-lot Entry Fee $3,393.89
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Autonomous mobile robot (AMR) solutions provider GEEKPLUS-W (02590.HK) announced the details of its IPO, planning to globally offer 140 million shares, with 10% for Hong Kong public offering and 90% for international offering.

The offer price per share was $16.8, while entry fee was $3,393.89 with a board lot size of 200 shares. The IPO starts today (30 June) and will close at noon on Friday (4 July), with the listing expected next Wednesday (9 July). The joint sponsors are Morgan Stanley and CICC.

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The Company introduced 4 cornerstone investors for its listing, including Xiongan Robot, Arc Avenue, PRU (02378.HK)'s Eastspring Investments and Etarget, collectively subscribing for US$91.3 million worth of company shares.
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