Quantgroup Partially Exercises Over-Allotment Option as IPO Stabilization Period Ends
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Quantgroup Holding Limited has partially exercised its over-allotment option, issuing 1,750,000 additional shares at HK$9.80 each, about 13.11% of the initial offer size. This marks the end of the 30-day IPO stabilization period, enhancing stock clarity for investors. The shares will return borrowed shares to Mars Legend Limited used for over-allocations.
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