Fibocom Wireless Inc. (abbreviated as FIBOCOM, stock code 0638) has set its final offer price at HK$21.50 per H Share, resulting in total gross proceeds of HK$2,904.2 million. After deducting estimated listing expenses of HK$93.6 million, the net proceeds stand at HK$2,810.6 million.

The global offering comprises 135,080,200 H Shares, with 13,508,200 H Shares offered under the Hong Kong Public Offering and 121,572,000 H Shares under the International Offering. The Hong Kong Public Offering was 550.99 times subscribed, while the International Offering saw a subscription level of 9.16 times. Approximately 43.04% of the total offer shares were allocated to cornerstone investors under separate lock-up arrangements.

Upon completion of the offering, the Company’s total issued share capital will be 900,533,742 shares (before any exercise of the Over-allotment Option). Dealings in FIBOCOM’s H Shares on the Stock Exchange of Hong Kong are scheduled to commence on October 22, 2025. The shares will trade in board lots of 200 H Shares each. According to the announcement, the public float reaches 15.04%, meeting the requirements for listing.