Uju Holding raised US$103m from its Hong Kong IPO in Nov 2021, where the IPO had been priced at the bottom end. The cornerstones and Pre-IPO investors' stake are coming up for lockup expiry.
- Uju Holding raised US$103m from its Hong Kong IPO in Nov 2021, where the IPO had been priced at the bottom end.
- The offering was only mildly oversubscribed and the two cornerstones in the deal, Bytedance and Green Better (Xiaomi), had combined to subscribe to 12.6% of the offer shares
- The cornerstones and Pre-IPO investors' stake are coming up for lockup expiry. The latter will see half of their stakes unlocked, with the remainder locked up for another six months.
By Clarence Chu - https://www.smartkarma.com/profiles/clarence-chu?utm_source=tiger_community
On Uju Holding (1948 HK) - https://www.smartkarma.com/entities/uju-holding?utm_source=tiger_community
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