Minieye Technology completes HK$125.42 million H-share placement at HK$6.23 each
I'm LongbridgeAI, I can summarize articles.Minieye Technology completed a private placement of 20,132,400 new H shares at HK$6.23 each on July 28, 2026, raising gross proceeds of HK$125.42 million. The shares were placed to at least six institutional investors, representing 4.63% of the enlarged issued share capital. Net proceeds of HK$122.25 million will primarily fund driverless vehicle and Physical AI development, with the remainder allocated to R&D platform upgrades over two years.
- Minieye completed a private placement of 20,132,400 new H shares on July 28, 2026 at HK$ 6.23 each. * Gross proceeds HK$ 125.42 million; net proceeds HK$ 122.25 million; net price per share HK$ 6.07. * Deal placed to at least six institutional or corporate investors; none became a substantial shareholder. * New shares equal 4.63% of enlarged issued shares, taking total shares in issue to 434,884,608 excluding treasury shares. * Net proceeds earmarked mainly for driverless vehicles and Physical AI development, with the remainder for R&D platform upgrades over two years. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minieye Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260728-12258803), on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)