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<IPO>Surgical Robot Firm EDGE MEDICAL-B (02675.HK) IPO Starts Tdy, Attracting 13 Cornerstone Investors Including TENCENT
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Advanced surgical robot company, EDGE MEDICAL-B (02675.HK), is offering shares in Hong Kong, planning to offer 27.7222 million H shares globally, with the Hong Kong public offering accounting for 10% (2.7723 million shares), and the international placement accounting for 90% (24.9499 million shares).

The offer price is $43.24 per share, aiming to raise nearly $1.2 billion. The entry fee for a board lot of 100 shares will be approx. $4,367.61. The IPO period starts today (30 December) and will end next Monday (5 January), with the listing expected next Thursday (8 January). Morgan Stanley and GF Securities are its joint sponsors.

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EDGE MEDICAL-B's Hong Kong listing has attracted a total of 15 cornerstone investors, including TENCENT (00700.HK)'s Huang River Investment, UBS AM Singapore, OrbiMed Genesis, LYFE Capital Fund IV, China Alpha, Tekful Limited, ICSA, Sage Partners Master Fund and Infini, collectively subscribing for shares equivalent to around $584 million, involving around 13.4946 million shares based on the offer price, accounting for about 48.7% of the shares offered.
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