Anker Innovations (SHE:300866) submitted documents for its initial public offering on the Hong Kong Stock Exchange, according to a Wednesday disclosure to the Shenzhen bourse.
The smart device manufacturer plans to use the proceeds from its IPO to expand its product offering, research and development, brand enhancements, direct-to-consumer global market strategy, global expansion, and for working capital, according to a prospectus filed in Hong Kong Tuesday.
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