News summary
Shangfangwen (02438) over-allotment completed, involving 1,042comicplaycasinonodepositcodes.70,000 shares, helping stabilize price operations.
Newsletter text
Mobile Ask (02438) announced on May 19, 2024 that its over-allotment option has been partially exercised.
according to the companycomicplaycasinonodepositcodesannounced that the exercise of the over-allotment option involved 10.427 million shares, accounting for 12.33% of the initially available shares in the global offering.
The over-allotted shares will be issued at HK$3.80 per share, which is the same price as the global offering per share but excludes fees such as brokerage commissions.
In addition, the company also announced that in accordance with the Securities and Futures (Stability Price) Rules, Chapter 571W of the Laws of Hong Kong, the stable price period for global offerings ended on the same day.