Gosuncn plans to raise no more than 374 million yuan through a private placement for project construction and to supplement liquidity
Gosuncn plans to raise no more than 374 million yuan by issuing A-shares to specific targets. The funds will be used for the expansion of Internet of Vehicles communication products, the construction of the Shenzhen R&D and operation center, and to supplement working capital. The number of issuance targets will not exceed 35, the issuance price will not be less than 80% of the average price of the 20 trading days prior to the pricing benchmark date, and the number of shares issued will not exceed 521 million shares
According to the Zhitong Finance APP, Gosuncn (300098.SZ) has disclosed a plan for the issuance of A-shares to specific targets for the year 2025. The company intends to issue shares to no more than 35 (inclusive) designated recipients, with the issuance price not lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date. The number of shares will be calculated based on the total amount of funds raised divided by the issuance price, and will not exceed 521 million shares (inclusive).
The announcement indicates that the total amount of funds raised from this issuance of A-shares to specific targets will not exceed 374 million yuan (inclusive), and the net amount of funds raised after deducting issuance costs will be used for the expansion project of vehicle networking communication products, the Shenzhen R&D and operation center project, and to supplement working capital
