Camsense Technology (06802.HK) has revealed its intention to launch a global offering of 11.5888 million H shares. This offering comprises 1.1589 million shares designated for public subscription in Hong Kong and 10.4299 million shares earmarked for international placement, along with a 15% over-allotment option. Each share will be offered at a price of HK$58.85, with trading anticipated to commence on the Hong Kong Stock Exchange on September 30, 2026. Camsense Technology is dedicated to the development of spatial awareness products, with a particular focus on the robotic vacuum cleaner market. The company has successfully developed an intelligent spatial awareness system, with cumulative shipments surpassing 39 million units. Regarding the utilization of the funds raised, approximately 65% will be allocated to research and development efforts, 25% will be invested in enhancing manufacturing capabilities, and the remaining 10% will be used as working capital to support ongoing operations.
