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SENSETIME-W Dives ~4% on HKD3.23B Shr Placement at 8.6% Discount
Recommend 19 Positive 34 Negative 19 |
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SENSETIME-W (00020.HK) proposed to place 1.7 billion new Class B shares to no fewer than six placees, representing approximately 4.09% of the enlarged total number of Class B shares. The placing price is HKD1.91 per share, representing a discount of about 8.61% to yesterday's (16th) closing price of HKD2.09. The news weighed on the company's share price, which opened 2.39% lower today (17th) and once bottomed at HKD1.99. It last posted at HKD2.01, down 3.83%, with a turnover of 67.053 million shares, involving HKD135 million. The company expected net proceeds of approximately HKD3.23 billion from the placing. Auto-translated by AI AASTOCKS Financial News |
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