Fortior Technology (Shenzhen) (HKG:1304) priced its Hong Kong initial public offering at HK$120.5 per share on Monday, a same-day Hong Kong bourse filing said.

The offer size adjustment option was exercised in full, triggering the integrated circuit design company to issue and allot 2,444,900 additional offer shares.

The additional shares represent roughly 15% of the shares initially available under the IPO.

If the global offering becomes unconditional by 8:00 am on Wednesday, dealings in the Hong Kong-listed shares of the company will begin at 9:00 am the same day.