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<IPO> G-Vision (06636.HK) Public Offering Oversubscribed by 4,591.37 Times, 10% Chance for One Lot
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G-Vision (06636.HK) announced its IPO results, revealing that the Hong Kong public offering was oversubscribed by 4,591.37 times, with a 10% chance of securing one lot (50 shares). Subscriptions for 150,000 shares were guaranteed two lots. Under the clawback mechanism, the public offering shares have increased to 2.496 million shares, representing 20% of the total offering. The international offering was oversubscribed by 3.41 times. The offer price is HKD40, with net proceeds of HKD434 million. The shares are expected to be listed on Monday (30th).

The mainland AI computer vision solutions provider G-Vision plans to globally offer 12.48 million shares, with the public offering accounting for 5%. Cornerstone investors Zhengjin International and GKI collectively subscribed for 1.18 million shares. The lock-up commitment's final date is December 31, 2026. (de/d)

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