Suzhou Novosense Microelectronics Partially Exercises Over-Allotment Option After Hong Kong IPO

Tip Ranks
2026.01.02 13:37
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Suzhou Novosense Microelectronics has partially exercised its over-allotment option, issuing 1,026,600 additional H shares at HK$116.00 each, representing about 5.38% of the initial offer size. The stabilization period for its Hong Kong IPO has concluded, and the new shares will begin trading on the Main Board of the Hong Kong Stock Exchange on January 7, 2026. This marks the completion of post-IPO stabilization activities and a slight increase in the company's free float for investors.