UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.
UBTECH Robotics Corp Ltd has announced a new placement of 5,060,000 H shares, representing approximately 1.19% of the enlarged share capital. The Placing Agents will act on a best effort basis to secure subscribers for these shares, which will be issued under a general mandate. The transaction is subject to certain conditions, and investors are advised to exercise caution.
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