On Aug. 11, Unitree Technology's pre-IPO perpetual contract on Trade.xyz recovered to $86.1, up 3.32% in 24 hours, implying a post-listing market capitalization of roughly $34.8 billion (234.7 billion yuan). The company's IPO price was set at 150.8 yuan per share, pointing to an expected first-day subscription return of 3.84 times. Unitree plans to issue 40.4464 million new shares on the STAR Market, accounting for 10% of total post-offering share capital. Each lot consists of 500 shares, with an estimated payment of 75,000 yuan per lot. At Trade.xyz's current pricing, 500 shares are valued at 290,000 yuan, leaving an estimated profit of about 215,000 yuan per lot after deducting the subscription payment. The final allotment numbers were published today: 19,414 winning lot numbers in total, each entitling the holder to subscribe to 500 Unitree A shares. These figures give investors a clear view of the deal's economics, from valuation and subscription cost to expected profit. All eyes are now on the first trading day, where the actual open price will determine whether the estimated 3.84x gain materializes.
Unitree Technology's pre-IPO perpetual contract on Trade.xyz edged up to $86.1 (about 580 yuan) on Aug. 11, up 3.32% over 24 hours, according to BlockBeats. That level implies a post-listing market value of approximately $34.8 billion, or 234.7 billion yuan.
Based on the IPO price of 150.8 yuan per share set by Unitree, the stock is expected to deliver a subscription gain of 3.84 times at the open. The STAR Market offering consists of 40.4464 million new shares, equivalent to 10% of the enlarged share capital. Each lot is 500 shares, with the estimated payment per lot at about 75,000 yuan. Using Trade.xyz's pricing, 500 shares are worth 290,000 yuan, which translates into an estimated profit of 215,000 yuan per lot after deducting the subscription cost.
Unitree published its final allotment results today, showing a total of 19,414 winning lot numbers. Each winning number allows the holder to subscribe to 500 Unitree A shares.
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