MANYCORE TECH IPO Priced at Top of Range, Hong Kong Public Offering Oversubscribed by Over 1,590 Times

Stock News04-16 21:11

MANYCORE TECH (00068) has announced its allotment results. The company's global offering consists of approximately 161 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$7.62 per share. The net proceeds from the global offering are expected to be approximately HK$1.092 billion. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Friday, April 17, 2026. The Hong Kong public offering was oversubscribed by approximately 1,590.56 times, while the international offering was oversubscribed by approximately 14.46 times.

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