MANYCORE TECH logo

MANYCORE TECH

00068 · HKEX
Listed

MANYCORE TECH is a global leader in spatial intelligence services,dedicated to accelerating theintegration of artificial intelligenceinto the physical world.

Listed

IPO Timeline

  1. OpenApr 09
  2. CloseApr 14
  3. AllotmentApr 16
  4. PaymentApr 17
  5. ListingApr 17

Key Facts

Issue Price

HKD 7.62

Min Entry Fee

HKD 3,848.42

Shares Issued

160.62M

Lot Size

500

Total Raise

HKD 1223.9M

Estimated Market Cap

Public Allocation

10.0%

International Placement

90.0%

Business Overview

MANYCORE TECH is a global leader in spatial intelligence services,dedicated to accelerating theintegration of artificial intelligenceinto the physical world.

Use of Proceeds

1、Approximately 30.0% (or HK$307.2 million) will be used for implementing the international expansion strategy;

2、Approximately 20.0% (or HK$204.8 million) will be used to enhance the functionality of existing products and launch new products and/or features to meet the needs of real-world spaces and virtual environments;

3、Approximately 20.0% (or HK$204.8 million) will be used to support domestic sales and marketing activities and enhance brand awareness;

4、Approximately 20.0% (or HK$204.8 million) will be used to invest in core technologies and infrastructure;

5、Approximately 10.0% (or HK$102.4 million) will be used for working capital and general corporate purposes.

Sponsor Track Record

Track-record data is being refreshed.

Intermediaries & Documents

Sponsors

  • 摩根大通證券(遠東)有限公司
  • 建銀國際金融有限公司

Underwriters

  • 摩根大通證券(亞太)有限公司
  • 建銀國際金融有限公司
  • 農銀國際證券有限公司
  • 中銀國際亞洲有限公司
  • 富途證券國際(香港)有限公司

Prospectus PDF

Prospectus PDF

Cornerstone Investors

  • 泰康人寿保险有限责任公司
  • 阳光人寿保险股份有限公司
  • Redwood Elite Limited
  • 广发基金管理有限公司
  • 雾凇资本有限公司
  • Mirae Asset Securities Co., Ltd.
  • Hesai Hong Kong Limited
  • 国惠(香港)控股有限公司
  • 华营建筑集团控股有限公司

Total

0

39.5% of placement

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