CanSemi Technology announces plans to raise $918.5 million via Shenzhen listing
According to The Economic Times Tech, CanSemi Technology plans to raise 6.16 billion yuan ($918.5 million) in a Shenzhen listing after pricing its shares at 12.01 yuan each, with the information disclosed in a company filing. The report identifies the listing venue as Shenzhen and notes the share price detail from the filing.
Key facts
- 01CanSemi Technology aims to raise 6.16 billion yuan in a Shenzhen listing.
- 02Shares are priced at 12.01 yuan each.
- 03The information comes from a company filing and was reported on Wednesday.
- 04The amount converts to approximately $918.5 million.
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- 粤芯半导体IPO申购，一颗芯的十年资本接力 · 21世纪经济报道
- China chipmaker CanSemi seeks to raise up to $918.5 million in Shenzhen listing · The Economic Times Tech