GCS Semiconductor: Online Investors Opt Out of Subscribing to 468,976 Shares
4 hour ago / Read about 0 minute
Author:小编   

GCS Semiconductor has unveiled the results of its Initial Public Offering (IPO) and subsequent listing on the Growth Enterprise Market. The shares have been priced at RMB 12.01 each. Should the over-allotment option be fully utilized, the aggregate number of shares issued will soar to 589.54 million. Specifically, the final tally for shares issued through strategic placement, online subscription, and offline subscription stands at 256.32 million, 179.42 million, and 153.79 million shares, respectively. The 468,976 shares that online investors have chosen not to subscribe to will be taken up by GF Securities, representing an underwriting commitment of RMB 5.6324 million. In scenarios where the over-allotment option remains unexercised, the total expenses associated with the issuance will amount to RMB 195 million.