Ubtech Robotics (HKG:9880) raised HK$121.9 million in net proceeds from its recently concluded private placement of 1.4 million new shares at HK$92 each.
The proceeds will be used for business development, operations, working capital, investments, and debt payments, among other things, according to a Thursday filing with the Hong Kong Exchange.
Price (HKD): $96.00, Change: $-5.60, Percent Change: -5.51%
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