Sg Micro Corp (ASX: 300661) has announced details regarding its global offering of H-shares.
The company's base offering size for the global sale of H-shares is set at 54,001,200 shares.
Of this total, a preliminary allocation of 5,400,200 shares, representing approximately 10.00% of the global offering, has been designated for the Hong Kong public offering, with the possibility of reallocation.
The international offering will consist of 48,601,000 shares, which accounts for roughly 90.00% of the total and may also be subject to reallocation, contingent on whether an over-allotment option is exercised.
It has been disclosed that, within a 30-day period starting from the date of the offering and listing and following the close of the Hong Kong public offer application period, the global coordinators, acting for themselves and on behalf of the international underwriters, may exercise an over-allotment option.
This option would require the company to issue up to an additional 8,100,100 H-shares at the offer price.
Should the over-allotment option be exercised in full, the maximum number of H-shares to be issued in this global offering would reach 62,101,300 shares.
Furthermore, the company has established that the maximum price for its H-share offering will not exceed HK$85.20 per share.
The Hong Kong public offering segment for these H-shares is scheduled to commence on June 17, 2026, and is expected to conclude on June 23, 2026.
The final offer price is anticipated to be announced on or before June 24, 2026.
The newly issued H-shares are projected to begin trading on the Hong Kong Stock Exchange on June 26, 2026.
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