Qiniu Limited (HK:2567) has released an update.
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Qiniu Limited has announced the end of its stabilization period for its Global Offering, with no stabilization actions taken and the lapse of the over-allotment option as of November 9, 2024. Despite the lack of over-allocation, the company continues to meet public float requirements by ensuring at least 25% of its shares are held by the public. This compliance underscores Qiniu’s commitment to maintaining investor confidence and market stability.
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