SHA:688826

2 stories mentioning SHA:688826Updated just now

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Precilasers Discloses Strategic Placement Details for IPO

Shanghai Precilasers (SHA:688826) published the details for the strategic placement of shares for its initial public offering, according to a Shanghai bourse filing on Wednesday.The laser equipment maker plans to issue 10 million new shares, representing 25% of the company's total shares.The initial allocation for the strategic placement is 2 million shares.Prior to the clawback mechanism, the initial offline offering will comprise of 5.60 million shares and the initial online offering will consist of 2.40 million shares.The online roadshow will be held on Thursday, Aug. 6.

SHA:688826

Asia6d ago

Precilasers Files for Shanghai Star Market IPO

Precilasers (SHA:688826) filed for an initial public offering on the Shanghai Stock Exchange's STAR Market board.The company will issue 10 million shares, representing 25% of its post-IPO equity, according to a prospectus published Thursday.Proceeds will fund the precision laser manufacturer's industrialization projects, research and development centers, and working capital.The expected offering date is on Aug. 7.China Securities serves as the lead underwriter.

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