Original title: The ideal car issue price is 118 Hong Kong dollars: plans to raise 11.6 billion Hong Kong dollars to be listed in Hong Kong next week Source: Leidi.com
Leidi.com Rakuten reported on August 6
Ideal Motors (the “Company”, Nasdaq: LI) announced today that the offer price for listing on the Hong Kong Stock Exchange is HK$118, which is equivalent to approximately US$30.36 per American Depositary Share.
Ideal Motors issued 100 million shares this time and raised a net amount of 11.6 billion Hong Kong dollars. In addition, the company has granted over-allotment rights to international underwriters to issue up to a total of 15,000,000 Class A ordinary shares at the international offer price.
Ideal Auto is expected to start trading on the main board of the Exchange on August 12, 2021 (Thursday), with the stock code 2015.
The company intends to use the net proceeds from the global offering to develop high-voltage pure electric vehicle technologies, platforms and future models, smart cars and autonomous driving technologies, and future extended-range electric models; expand production capacity, expand retail stores and delivery and service centers, and launch high-voltage electric vehicles. Power charging network, marketing and promotion; working capital and other general corporate purposes.
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Lei Di was founded by Lei Jianping, a senior media person. If reprinted, please indicate the source.
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