UBTECH completes October 2024 H-share placement with HK$436.07M gross proceeds
UBTECH completed a listed-company placement of 5.06 million new H shares at HK$86.18 per share, implying HK$436.07 million of gross proceeds.
Evidence notes
- The transaction was a post-IPO issuance by a listed company and is excluded from private funding totals and the Investors tab.
- The issuer disclosure separates the share count, issue price and reported proceeds.
Company context
Chinese robotics manufacturer known for AI-powered humanoid robots (e.g., Walker series), service robots, educational kits, and smart robotic solutions across industries including logistics, healthcare, and STEM education. Listed on HKEX (9880.HK), founded March 2012.