Bloks Group Limited Completes Full Exercise of Over-allotment Option

An update from Bloks Group Limited ( (HK:0325) ) is now available.

Bloks Group Limited, a company incorporated in the Cayman Islands with limited liability and trading under the stock code 0325, has announced the full exercise of the Over-allotment Option in connection with its recent Global Offering. This exercise involves issuing an additional 4,160,700 shares, which constitutes about 15% of the total offer shares, at a price of HK$60.35 per share. The stabilization period for the Global Offering, managed by Goldman Sachs (Asia) L.L.C., concluded on February 6, 2025, following the full exercise of the Over-allotment Option. This development marks a significant milestone in the company’s listing process, as it facilitates the return of borrowed shares and permits the commencement of trading of these shares on the Main Board of the Stock Exchange.

More about Bloks Group Limited

YTD Price Performance: 12.65%

Average Trading Volume: 2,511,787

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