CATL Bags $50 Billion in Institutional Orders, 30x Oversubscribed, Poised for Largest IPO of the Year
2025-05-14 / Read about 0 minute
Author:小编   

As of May 14, Contemporary Amperex Technology Co. Limited (CATL) has secured institutional orders totaling over $50 billion, equivalent to roughly HK$390.2 billion. Excluding cornerstone subscriptions, the issue was oversubscribed by an impressive 30 times. Apart from the 117.9 million shares offered publicly, CATL holds 35.4 million shares available for additional issuance, encompassing authorized issuance and greenshoe options. Should these options be fully exercised, the total fundraising could amount to HK$41 billion, positioning CATL for the title of the world's largest initial public offering (IPO) this year.