Horizon Robotics Completes Private Placement of 681 Million Shares, Raising Funds for Expansion

Reuters

Jun 23

Horizon Robotics Completes Private Placement of 681 Million Shares, Raising Funds for Expansion

Horizon Robotics has successfully completed the placement of existing shares and a top-up subscription of new shares under a general mandate. An aggregate of 681,000,000 placing shares were placed to not less than six placees at a price of HK$6.93 per share. This move follows the expiration of the company's lock-up period after its listing in April 2025 and its entry into the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect in May 2025. The company was approached by various investors expressing interest in potential placing opportunities. Considering market conditions and investor interest, the board deemed the current time suitable for the placement to meet the company's funding needs.

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. Horizon Robotics published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Horizon Robotics published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1109","symbol_name":"应用软件","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL11LTsB:1","article_id":"2545448128","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545448128","pubTimestamp":1750689429,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Horizon Robotics has successfully completed the placement of existing shares and a top-up subscription of new shares under a general mandate. 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Horizon Robotics published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}