Shanghai Forest Cabin Cosmetics (HKG:2657) said its overall coordinators fully exercised the overallotment option of its Hong Kong listing, and the stabilization period of its initial public offering ended on Thursday, Jan. 22, according to a same-day bourse filing.

The skincare and cosmetics group will issue nearly 2.1 million H shares at HK$77.77 apiece, generating additional net proceeds of about HK$158.5 million.

The overallotment shares represent about 15% of the initial offer size under the global offering.