Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Weimob ( (HK:2013) ).
Weimob Inc. has entered into supplemental agreements regarding the issuance of new shares under its General Mandate. The agreements involve splitting the subscription tranches to accommodate funding positions and removing certain conditions precedent related to investor consents. The company has agreed to a Long Stop Date of four months from the subscription agreement date to allow sufficient time for the subscriber to identify and confirm designated persons and assess funding positions. This strategic move is aimed at aligning with the company’s future funding requirements and strengthening its partnership with Infini.
The most recent analyst rating on (HK:2013) stock is a Hold with a HK$3.00 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, operating in the technology sector with a focus on providing digital marketing and cloud-based commerce solutions. The company is listed on the Hong Kong Stock Exchange and is known for its innovative approach to integrating technology with business solutions.
YTD Price Performance: -19.57%
Average Trading Volume: 162,366,531
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.42B
Learn more about 2013 stock on TipRanks’ Stock Analysis page.