Horizon Robotics: Issues Shares at Around 5.75% Discount, Securing Approximately HK$6.34 Billion in Funds
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Author:小编   

Horizon Robotics made an announcement via the Hong Kong Stock Exchange, stating that on September 25, 2025, it entered into a placing and subscription agreement with its existing shareholders and management personnel. The placing price has been set at HK$9.99 per share, representing a discount of roughly 5.75% compared to the prevailing market price. Through this initiative, the company anticipates raising a net sum of approximately HK$6.34 billion.

The shares to be placed constitute around 4.6% of the company's currently issued share capital and represent 1.9% of the voting rights at the general meeting of shareholders. Horizon Robotics intends to allocate the proceeds from this fundraising towards several key areas. These include expanding its business in overseas markets, facilitating the widespread adoption of mid- to high-tier advanced driver-assistance system solutions, and making strategic investments in emerging sectors, such as projects related to Robotaxi services.