Enterprise large model AI application solutions provider DEEPEXI TECH (01384.HK) announced its IPO plan in Hong Kong, proposing to offer 26.632 million H-shares globally, with 5% (1.3316 million shares) for Hong Kong public offering and 95% (25.3004 million shares) for international placement.

The offer price is $26.66 per share, aiming to raise approx. $710 million. The entry fee for each board lot of 200 shares is approx. $5,385.77.

The IPO period starts today (20th) and will end on Thursday (23rd), with the listing expected next Tuesday (28th). Its joint sponsors are CITIC Securities, CMBC Capital, Guotai Junan International, SPDB International and BOCOMI.

DEEPEXI TECH seeks to list in Hong Kong under Chapter 18C of the Listing Rules, becoming a specialist technology IPO.
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