Dahon Tech (Shenzhen) Co. Ltd. Announces Partial Exercise of Over-Allotment Option in Secondary Offering, Raising Additional Funds
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Dahon Tech (Shenzhen) Co. Ltd. has partially exercised its over-allotment option in its recent offering, issuing an additional 1,121,000 H Shares at HK$49.50 each, which is about 14.15% of the initial offer size. This action aims to enhance liquidity and expand the investor base, following the company's global offering. The transaction was coordinated by the sole overall coordinator for the international underwriters, and Dahon Tech confirmed that the public float of H Shares remains above the required minimum.
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