Ubtech Robotics Corp. has announced the completion of a placing of new H shares under a general mandate. A total of 31,468,000 placing shares, representing approximately 7.27% of the company's issued H shares, were placed. The proceeds from the placement will be used mainly for payments to suppliers and service providers related to the commercialization of humanoid robots, as well as for offshore and onshore investments including identifying potential target companies and forming joint ventures. All unutilized net proceeds are expected to be fully used within the next two years. No public offering of securities will be made in the United States.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ubtech Robotics Corp. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251202-11940322), on December 02, 2025, and is solely responsible for the information contained therein.
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