As per prior announcements, Unitree Robotics is set to initiate its preliminary IPO pricing on the STAR Market on August 5, with the pricing window extending from 9:30 to 15:00. Subsequently, online and offline subscription processes will commence on August 10, culminating in a payment deadline of August 12. During this interval, the sponsor (acting as the lead underwriter) will undertake thorough due diligence on offline investors. Investors involved in strategic placements are mandated to remit subscription funds. On August 6, Unitree Robotics will finalize the issue price, identify valid quoting investors, and specify the number of shares they are eligible to subscribe to. Concurrently, investors engaged in strategic placements will confirm their ultimate allocated quantities and proportions. Unitree Robotics aims to raise RMB 4.202 billion through this IPO, proposing a public offering of 40.4464 million new shares, which constitutes 10% of the total share capital post-offering. The anticipated total share capital after the offering stands at 404 million shares. Market projections indicate that Unitree Robotics' IPO market valuation will surpass RMB 40 billion, suggesting an issue price of roughly RMB 104 per share. Consequently, a subscription payment of approximately RMB 52,000 will be required for a single lot of new shares. Nonetheless, the precise deviation in IPO pricing remains subject to further determination by market participants.
