Deepexi Technology Co., Ltd. (「DEEPEXI TECH,」 stock code 1384) has finalized its global offering, selling a total of 26,632,000 H shares at HK$26.66 each. Dealings are scheduled to commence on October 28, 2025.
According to published figures, the company’s Hong Kong public offering portion consists of 5,326,400 H shares (approximately 20% of the total offering) amid a subscription rate of 7,569.83 times. The international offer comprises 21,305,600 H shares, with overall subscription reaching 16.61 times.
DEEPEXI TECH expects to raise total gross proceeds of HK$710.01 million. After deducting estimated listing expenses of HK$100.24 million, the net proceeds are anticipated to be around HK$609.77 million. As of listing, the company will have 326,632,000 issued shares outstanding.
Market data indicate that public shareholders will collectively hold 67.90% of DEEPEXI TECH’s H shares upon completion of the global offering, ensuring compliance with the minimum public float requirements. The stock will be traded in board lots of 200 H shares. The company’s stock short name on the Hong Kong Stock Exchange is DEEPEXI TECH (1384).