Gpixel Ends IPO Stabilization; 9.79 Million H Shares Allotted at HK$39.88 Each

Bulletin Express

05/14

Gpixel Changchun Microelectronics Inc. announced that the stabilization period for its Hong Kong IPO concluded on 14 May 2026, the 30th day after the close of subscriptions under the Hong Kong Public Offering.

During the stabilization window, the Stabilizing Manager, CLSA Limited, effected over-allocations totaling 9.79 million Offer Shares, equivalent to approximately 15.00% of the shares offered globally before any exercise of the over-allotment option.

On 8 May 2026, the Overall Coordinators fully exercised the over-allotment option, issuing 9.79 million H Shares at HK$39.88 per share, exclusive of brokerage (1%), SFC transaction levy (0.0027%), Stock Exchange trading fee (0.00565%) and AFRC transaction levy (0.00015%). This action facilitated delivery to investors that had agreed to delayed settlement.

No on-market purchases or sales were undertaken for price stabilization during the period.

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