MiniMax-WP (00100.HK): Public Offering to Close at Noon with Over-Subscription Rate of Approximately 1,350.75 Times

The public offering of MiniMax (00100.HK), a general artificial intelligence large model company, will close at 12:00 noon today. According to the latest market information, its public offering tranche has achieved an over-subscription rate of about 1,350.75 times, with cumulative margin financing funds amounting to roughly HK$283.143 billion, reflecting a strong market response.

The company plans to issue 25.38 million shares in this offering, with an indicative offering price range of HK$151 to HK$165 per share. Each board lot consists of 20 shares, with an initial deposit of approximately HK$3,333.28 per lot. Among the total shares, 1.26 million shares are allocated to the public offering tranche, representing a public fundraising amount of around HK$209 million. The expected listing date is January 9, 2026.

MiniMax is a global AI large model company dedicated to advancing the development of artificial general intelligence (AGI) technologies, covering areas including learning, reasoning, planning, and cross-domain knowledge application. The company indicated that the global AI large model market size is projected to exceed US$300 billion by 2030, and artificial intelligence will drive substantial growth for the global economy.

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