InnoScience Cornerstone Investor Extends Lock-Up; Shares Rise 6%

MT Newswires Live

2025/06/30

InnoScience (Suzhou) Technology (HKG:2577) said that cornerstone investor STMicroelectronics has voluntarily extended its lock-up on 12.59 million H shares by another 12 months, through June 29, 2026, according to a Monday Hong Kong bourse filing.

The shares, representing about 2.56% of InnoScience's issued H shares, were originally subject to a six-month lock-up following the company's December 2024 listing, the filing said.

Shares of InnoScience were up about 6% in recent trade.

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