TRANSSION (02636.HK): over-allotment option partly exercised
- The option covered 6,500,600 H shares at HK$35.30, the offer price, or about 7.50% of total offer shares before exercise.
- Net proceeds of about HK$227.1 million will be applied proportionally as set out in the prospectus; listing is expected on 16 November 2026.
NewTimeSpace News: On 11 November 2026, Shenzhen Transsion Holdings Co., Ltd. (stock code: 02636) announced a partial exercise of its over-allotment option and the end of its stabilisation period. The overall coordinator, for itself and the international underwriters, partially exercised the option on 11 November 2026 for 6,500,600 H shares, about 7.50% of offer shares, at HK$35.30 per H share, to speed delivery to placees agreeing to deferred delivery.
Net proceeds are about HK$227.1 million, to be applied proportionally as set out in the prospectus; the shares are expected to list on 16 November 2026.
During the stabilisation period, which ended on 11 November 2026, the stabilising manager bought 6,496,600 H shares, about 7.50% of offer shares, at HK$32.36 to HK$35.30, the last purchase on 4 November at HK$34.18, while the unexercised portion lapsed.
- TRANSSION (02636.HK): H Shares Debut on Main Board at HKD 35.30, Down 0.96% at Open
- TRANSSION (02636.HK): H shares grey market at HKD34.72, down about 1.64% from HKD35.30 offer price
- TRANSSION (02636.HK): Final Offer Price Set at HKD 35.30 per Share
- TRANSSION (02636.HK): H-Share IPO Launched, Cornerstones Take HKD 1.25bn
- TRANSSION (688036.SH): H-Share Listing Application Passes HKEX Listing Committee Hearing; Final Regulatory Approval Pending
