Futu News, June 29th, this Wednesday $TI CLOUD (02167.HK)$An announcement was issued. The company issued 43.53 million shares, priced at HK$12.85 per share, and 200 shares per lot. It is expected to go public on June 30.
Tianrunyun received about 1.17 times more subscriptions during the public offering phase. The final number of shares offered for sale was 4.3532 million shares, accounting for about 10% of the total number of shares offered (before any over-allotment rights were exercised). A total of 4,656 valid applications were received, and the first-round winning rate was 90.02%.
Furthermore, the international offering has been oversubscribed. The final number of shares offered was 39.176,800 shares, equivalent to about 90% of the total number of shares offered (before any over-allotment rights were exercised). Futu Information collates the relevant data in the following table:
In terms of fund-raising purposes, the company plans to use the net proceeds from the global sale for the following purposes: about 75% will be used to further enhance the company's core technology, optimize the existing solution portfolio and develop complementary solutions to meet changing customer needs; about 20% will be used in the next five years to further enhance the company's brand image in the customer contact solutions market, expand the company's direct sales team, enhance the company's sales capacity and increase the company's marketing efforts; and about 5% will be used for working capital and general corporate purposes.
Tianrun Cloud provides a variety of cloud-native customer contact solutions. Cloud-native customer contact solutions enable enterprises to connect with...