Unisound AI Technology Co. Ltd. Submits Application for Full Circulation of Shares, Awaiting Regulatory Approval
Reuters
Sep 10
Unisound AI Technology Co. Ltd. Submits Application for Full Circulation of Shares, Awaiting Regulatory Approval
Unisound AI Technology Co., Ltd. has announced that it has submitted an application to the China Securities Regulatory Commission (CSRC) for the full circulation of its shares. This involves converting 24,488,277 domestic unlisted shares and 4,570,649 unlisted foreign shares into H shares, which will then be eligible for listing and trading on the Hong Kong Stock Exchange. The application is part of compliance with the guidelines on procedures for full circulation of shares by companies whose H shares are listed on the Hong Kong Stock Exchange. The company will make further announcements regarding the progress and details of the application. There is no mention of multiple organizations being involved in obtaining this regulatory approval.
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