Futu News, June 22, this Wednesday $TUYA-W (02391.HK)$The announcement was announced that it will issue 7.3 million shares from June 22 to June 27. The company plans to issue 7.3 million shares, including a public sale of 730,000 shares and an international sale of 6.57 million shares, with an issue price of no more than HK$22.80 per share and 200 shares per lot. It is expected to be listed on July 5.
According to the prospectus,Graffiti Intelligence has established the world's first IoT cloud development platformThis makes Graffiti Intelligence have many first-mover advantages in the global IoT PaaS field. According to Insight Consulting, in May 2015, Graffiti Intelligence established an IoT cloud development platform, ahead of major competitors in the global IoT PaaS industry. Graffiti Intelligence was listed on the New York Stock Exchange in March 2021. As of June 22, EST, the US stock market closed. $Tuya Inc (TUYA.US)$Reported at US$2.46 per share, with a total market capitalization of US$1,405 billion.
Graffiti Intelligence provides various services through the company's IoT cloud development platform. Graffiti Intelligence's IoT Platform as a Service (PaaS) helps brands, OEMs, and developers develop, launch, manage and monetize smart devices and services. Graffiti Intelligence's industry software-as-a-service (SaaS) products help enterprises deploy, connect, and manage a large number of different types of smart devices. Graffiti Intelligence also provides a variety of cloud-based value-added services to enterprises, developers, and end users to improve...