iMotion Automotive Technology (Suzhou) (HKG:1274) said it completed the sale of nearly 15.5 million shares to raise HK$230.7 million in net proceeds, according to a Hong Kong bourse filing Monday.
Shares of the tech firm fell nearly 4% in morning trade Tuesday.
The stocks, which represent 6.02% of the company's enlarged share capital, were sold at HK$15.22 apiece.
Funds raised will primarily be used for research and development activities, iMotion said.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。