cryptotornadowemix| China Liansu spin-off EDA Group: raised HK$299 million, offering price of HK$2.28 -3.06

editor2024-05-20 06:33:0248

News summary

EDA Group (2505cryptotornadowemix.HK) will be available from May 20 to 23cryptotornadowemix, global release 9762cryptotornadowemix.50,000 shares, with a pricing range of 2.28 to 3.06 Hong Kong dollars, and a maximum raised capital of 299 million Hong Kong dollars. It is expected to be listed on May 28.

Newsletter text

[EDA Group (2505.HK) is about to launch a Hong Kong stock IPO, and China Liansu's spin-off subsidiary IPO plan launches]

Under China LiansucryptotornadowemixEDA Group (2505.HK) will conduct a public offering from May 20 to 23. Its global offering shares will reach 97.625 million shares. The public offering share in the Hong Kong market will account for 10% of the total issuance, and the remaining shares will be placed in the international market.

cryptotornadowemix| China Liansu spin-off EDA Group: raised HK9 million, offering price of HK.28 -3.06

The offering price per share is expected to be between HK$2.28 and HK$3.06, meaning the IPO can raise up to approximately HK$299 million. For investors wishing to participate in the IPO, the minimum entry threshold is 1000 shares per lot, and the total entry fee is HK$3,090.85.

EDA Group is expected to officially enter the capital market on May 28. Its only sponsor institution is CMB International, which provides investors with IPO-related professional services.