Unisound AI Technology to Issue 1.7M New H Shares at HK$228
Unisound AI Technology to Issue 1.7 Million New H Shares at HK$228 Each
Unisound AI Technology Co Ltd (HKEX:9678) has announced the issuance of 1.7 million new H shares at a price of HK$228 per share. The move is part of the company's strategy to strengthen its capital base and support growth initiatives.
Issuance Details
The new shares are priced at HK$228 each, bringing the total issuance size to approximately HK$387.6 million. The company plans to use the proceeds for research and development activities and working capital needs.
Market Impact
This issuance reflects confidence in Unisound AI's growth potential. Investors are closely watching the company's leading position in AI technology and its promising projects.
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