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Beijing Geekplus Announces Partial Exercise of Over-allotment Option

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Beijing Geekplus Announces Partial Exercise of Over-allotment Option

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Beijing Geekplus Technology Co. Ltd. Class H ( (HK:2590) ) has shared an announcement.

Beijing Geekplus Technology Co., Ltd. announced the partial exercise of the Over-allotment Option in its Global Offering, resulting in the issuance of 16,669,800 H Shares at HK$16.80 per share. This move, along with the conclusion of the stabilization period, marks a significant step in the company’s financial strategy, potentially impacting its market positioning and shareholder dynamics due to its weighted voting rights structure.

More about Beijing Geekplus Technology Co. Ltd. Class H

Beijing Geekplus Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating under a weighted voting rights structure. The company is involved in offering technology solutions, with a focus on innovation and market expansion.

Average Trading Volume: 10,651,729

Current Market Cap: HK$22.42B

For an in-depth examination of 2590 stock, go to TipRanks’ Overview page.

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