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Saint Bella Inc. Announces Partial Over-Allotment Exercise and Stabilization Period Conclusion

Story Highlights
  • Saint Bella Inc. partially exercised its over-allotment option, issuing 12,463,500 shares.
  • The stabilization period for Saint Bella’s global offering has ended, managed by UBS AG.
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Saint Bella Inc. Announces Partial Over-Allotment Exercise and Stabilization Period Conclusion

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Saint Bella Inc. ( (HK:2508) ) has provided an update.

Saint Bella Inc., incorporated in the Cayman Islands, has announced the partial exercise of the over-allotment option related to its global offering. The company issued 12,463,500 shares at HK$6.58 per share to facilitate the return of borrowed shares used in the international offering. Additionally, the stabilization period for the global offering has concluded, with UBS AG Hong Kong Branch acting as the stabilizing manager.

More about Saint Bella Inc.

Average Trading Volume: 11,419,580

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