GigaDevice Semiconductor Discloses IPO Subscription Results, Online Winning Rate Approximately 0.0424%

1 day ago / Read about 0 minute

Author：小编

On September 27, GigaDevice Semiconductor issued an announcement, disclosing the details and final winning rate of its online subscription for the initial public offering (IPO) and listing on the Growth Enterprise Market (GEM). The new stock was priced at RMB 12.01 per share, with an initial issuance of 513 million shares. After fully exercising the over-allotment option, the total number of shares increased to 590 million shares. The funds raised will be used for capacity expansion, technology research and development, and supplementing working capital.

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