UBTECH ROBOTICS (09880) completed the placement of approximately 10.15 million shares, raising approximately 876 million Hong Kong dollars.

UBTECH ROBOTICS (09880) announced that the placement has been completed on February 27, 2025, with a total of approximately 10.1551 million shares of placement shares, accounting for approximately 3.09% of the H shares after the issuance and expansion of the share capital, and approximately 2.30% of the total shares issued after the issuance and expansion of the placement shares. The placement was successfully allocated to no less than six underwriters at a price of HK$90.00 per H share. The company has received a total net amount of approximately HK$876 million from the placement. Therefore, after deducting relevant fees, costs, and expenses, the net issue price per placement share is approximately HK$86.29. The proceeds will be used by the company and its subsidiaries.