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Weimob Completes Tranche 1B Subscription Shares Issue

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Weimob Completes Tranche 1B Subscription Shares Issue

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Weimob ( (HK:2013) ) has issued an update.

Weimob Inc. announced the successful completion of the Tranche 1B Subscription Shares issue under its General Mandate. The company issued 172,124,000 Subscription Shares at a price of HK$2.26 per share, ensuring that the public float remains above 25% of the company’s enlarged share capital. This strategic move is expected to strengthen Weimob’s financial position and support its growth initiatives in the digital marketing and commerce solutions industry.

The most recent analyst rating on (HK:2013) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Weimob stock, see the HK:2013 Stock Forecast page.

More about Weimob

Weimob Inc. is a company incorporated in the Cayman Islands, primarily operating in the technology sector. It focuses on providing digital marketing and cloud-based commerce solutions, aiming to enhance business operations and customer engagement for enterprises.

Average Trading Volume: 149,220,644

Technical Sentiment Signal: Hold

Current Market Cap: HK$8.45B

See more data about 2013 stock on TipRanks’ Stock Analysis page.

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