BlockBeats reported on August 18 that Unitree will officially begin trading on August 19. On Trade.xyz, the company’s IPO pre-market perpetual contract was quoted at $100.71, or about RMB 678.85, roughly 3.5 times the IPO price of RMB 150.8. Based on that off-market price, a single winning lot bought at the offer price could imply a theoretical gain of about RMB 263,900. The STAR Market IPO is planned to issue 40.4464 million shares, equal to 10% of the enlarged share capital after the offering. One lot consists of 500 shares, and the subscription payment for one lot is about RMB 75,400. Under the earlier subscription rules, Shanghai accounts with an average daily market value of at least RMB 60,000 could obtain 12 allocation numbers and apply for up to 6,000 shares, with the same winning odds for qualifying retail and larger investors.
BlockBeats reported on August 18 that Unitree will officially list and start trading on August 19.
On Trade.xyz, Unitree’s IPO pre-market perpetual contract was quoted at $100.71, or about RMB 678.85, which is roughly 3.5 times the IPO price of RMB 150.8.
At that off-market price, a single winning lot bought at the offer price would imply a theoretical gain of about RMB 263,900.
The company’s STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of the enlarged share capital after the offering. One lot equals 500 shares, and the subscription payment for one lot is about RMB 75,400.
Under the earlier subscription rules, Shanghai accounts with an average daily market value of at least RMB 60,000 could receive 12 allocation numbers and apply for up to 6,000 shares. Qualified retail investors and larger investors had the same winning odds.
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