SENASIC issues 2.86 million H shares via partial over-allotment at HK$18.36; stabilization period concluded

Bulletin Express
Jul 12

SENASIC Electronics Technology Co., Ltd. confirmed that the joint sponsors partially exercised the over-allotment option on 12 July 2026, resulting in the issuance of 2.86 million H shares—equivalent to 5.35% of the initial offer size—at the IPO price of HK$18.36 per share.

The new shares will be listed on Hong Kong’s Main Board at 9:00 a.m. on 15 July 2026, following approval from the Stock Exchange. After the allotment, total issued shares rise from 379.04 million to 381.90 million; H shares outstanding under the global offering increase from 53.41 million to 56.26 million, lifting the public float from 14.09% to 14.73%.

Net proceeds of approximately HK$50.86 million will be allocated on a proportional basis to the uses outlined in the IPO prospectus.

The stabilization period for the global offering also ended on 12 July 2026. During the period, the stabilizing manager over-allocated the same 2.86 million shares but executed no market purchases or sales; the unexercised balance of the option has lapsed.

SENASIC stated that it continues to meet the Hong Kong Listing Rule 19A.13A(1) public float requirement.

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