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<IPO>CAOCAO INC (02643.HK) Begins IPO Tdy w/ Entry Fee $4,236, Introduces ROBOSENSE/ Mercedes-Benz as Cornerstone Investors
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Ride hailing platform CAOCAO INC (02643.HK) announced its IPO details in Hong Kong, planning to globally issue 44.1786 million shares, with 10% or 4.4179 million shares for the Hong Kong public offering and 90% or 39.7607 million shares for the international offering. The offer price is set at $41.94 per share, and the entry fee for each board lot size of 100 shares was approx. $4,236.3. CAOCAO INC will begin its IPO today (17th) until this Friday (20th), with its shares expected to be listed on the main board of the Stock Exchange on 25 June. The joint sponsors are Huatai International, ABC International and GF Securities Hong Kong. The Company introduced 6 cornerstone investors, subscribing shares worth nearly $952 million, including Mercedes-Benz(MBGAF.US)'s investment company, Mirae Asset Securities, Infini Capital, GOTION HIGH-TECH(002074.SZ), EVE ENERGY(300014.SZ) and ROBOSENSE (02498.HK). AASTOCKS Financial News Website: www.aastocks.com |
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