freespinsnodeposit2021| EDA will offer shares to shareholders of China Liansu will receive preferential placement
editor 2024-05-20 01:55:25 Nature 25
Gelonghui May 19| China Liansu (2128freespinsnodeposit2021.HK) announcedfreespinsnodeposit2021, EDA Group (2505freespinsnodeposit2021.HK) will publish a prospectus for the proposed spin-off and global offeringfreespinsnodeposit2021, plans to issue 97.625 million shares at an offer price per share ranging from HK$2.28 to HK$3.06 and is planned to be listed on the main board of the Hong Kong Stock Exchange.
Eligible shareholders of China Liansu will be provided with a guaranteed quota of a total of 4.882 million reserved shares in the preferential offer, and the guaranteed quota basis is that eligible shareholders can subscribe for 1 reserved share for every complete multiple of 636 shares held.
The market value of EDA(formerly known as EDA Cloud Technology) will range from approximately HK$1.0031 billion to HK$1.3462 billion. Immediately following the completion of the global offering and capitalization issue, the company will be deemed to have approximately 40.4% of EDA's total issued share capital.