CXMT: Full Exercise of Over-allotment Option in Initial Public Offering
8 hour ago / Read about 0 minute
Author:小编   

CXMT announced that the over-allotment option for its listing on the STAR Market has been fully exercised, with an additional 1.003 billion shares issued, bringing the total share capital to 67.884 billion shares. Since the share price remained above the issue price of RMB 8.66 per share during the exercise period, CICC, as the authorized co-lead underwriter, did not purchase any shares from the secondary market using the over-allotment funds.

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