Unisound AI Technology Co. Ltd. Announces Prospectus Filing for Global Offering

Reuters
Jul 25
Unisound AI Technology Co. Ltd. Announces Prospectus Filing for Global Offering

Unisound AI Technology Co., Ltd., a joint stock company incorporated in China, has issued a prospectus detailing its Global Offering. The company has fully exercised its Over-allotment Option, resulting in the issuance of an additional 234,140 H Shares, approximately 15% of the initial offer. This move ensures that the company meets the public float requirements, with 36.18% of its issued share capital now available in the public domain. The prospectus and subsequent announcements highlight the company's commitment to regulatory compliance and transparency as it navigates the financial markets. The board of directors, led by Executive Director and CEO Dr. Huang Wei, comprises a mix of executive and non-executive members.

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