OmniVision Integrated Circuits (HKG:0501) raised HK$4.69 billion in net proceeds from its initial public offering in Hong Kong.
The final offer price was set at HK$104.80 per share, according to a Friday after-market filing with the Hong Kong Stock Exchange.
The fabless semiconductor design company offered 45.8 million H-shares in the global offering.
The Hong Kong public offer was 9.28 times subscribed, with a final allocation of 4.6 million shares, representing 10% of the total offering.
The international offering was 9.73 times subscribed, with a final allocation of 41.2 million shares, or 90% of the total offering.
An over-allocation of 6.9 million shares was made under the global offering.
Cornerstone investors, including Wildlife Willow, UBS Asset Management (Singapore), Formosa Opportunity, Huaqin Telecom Hong Kong, Sky Royal Trading, and Pudong Science and Technology (Cayman), were allotted a combined 20.7 million shares, representing 45.28% of the global offering, according to the filing.
OmniVision Integrated Circuits is scheduled to debut on the Hong Kong bourse on Monday, Jan. 12.