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<IPO> DEEPX (02526.HK) IPO Oversubscribed by 1,072.37 Times; Subscription of 70,000 Shares Guarantees One Lot
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DEEPX-B (02526.HK) announced the results of its IPO, revealing that the Hong Kong public offering was oversubscribed by 1,073.37 times. The chance of securing one lot (50 shares) is 3%, and a subscription of 70,000 shares guarantees one lot. The international offering was oversubscribed by 3.45 times. The final offer price is HKD99, below the midpoint, with net proceeds of HKD720 million. The shares are expected to be listed on Monday (30th).

DEEPX is a Mainland China-based medical device company focused on developing medical imaging products and services. This global offering plans to issue 7.9992 million shares, with 10% allocated for public offering. The IPO price range was between HKD95.6 and HKD112.5. The sole sponsor is Huatai International.

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