Etheteck(603293.SH): The final winning rate for online issuance is 0.0247%

robot
Abstract generation in progress

Gelonghui April 7th | Atai Tech (603293.SH) announced that, according to the “Wuhu Atai Tech Automotive Electronics Co., Ltd. Initial Public Offering and Main Board Listing Announcement,” the clawback mechanism was triggered.
Because the preliminary effective subscription multiple for online issuance before the start of the clawback was approximately 8,091.93 times, exceeding 100 times, the issuer and the sponsor (lead underwriter) decided to activate the clawback mechanism.
They adjusted the scale of offline and online issuance, with 40% of the total shares issued in this offering (rounded up to the nearest 500 shares, i.e., 14.33M shares) being clawed back from offline to online.
After the online-offline clawback mechanism was activated, the final offline issuance was 7,163,632 shares, accounting for approximately 20.0000% of the total shares issued after deducting the final strategic placement portion, and the final online issuance was 28,654,500 shares, accounting for 80.0000%.
Following the activation of the clawback mechanism, the final online subscription success rate was 0.02471640%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments