Gronghui May 19 丨EDA Group Holdings (02505.HK) announced that the company plans to launch a global offering at an offering price of HK$2.28 to HK$3.06 per share. Shares will be traded at 1 per lotchangchencrouchingtigerhiddendragonShares are expected to start trading on the Stock Exchange at 9:00 a.m. on May 28, 2024.
The global offering includes: (1) an initial offer of 9.763 million offer shares in Hong Kong (subject to reallocation)changchencrouchingtigerhiddendragon(2) the international placement of 87.86 million offer shares (subject to reallocation and subject to the exercise of the over-allotment option) in an offshore transaction outside the United States in accordance with Regulation S (including the 4.882 million reserve shares of Liansu under the Liansu Priority Offer), accounting for approximately 10% of the total offer shares initially available for subscription under the global offering.