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UBTECH Robotics Announces Shareholder Lock-Up Agreement

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An announcement from UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) is now available.

UBTECH ROBOTICS CORP LTD, a company listed on the Hong Kong Stock Exchange, has announced that QM25 LIMITED, a shareholder holding over 13 million H shares, has voluntarily agreed not to sell these shares on the secondary market for a one-year period starting January 24, 2025. This lock-up agreement can be revoked if legal changes occur that might make it illegal. The board believes this decision will not adversely affect the company’s operations.

More about UBTECH ROBOTICS CORP LTD Class H

YTD Price Performance: 10.19%

Average Trading Volume: 5,502,889

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$26.13B

For detailed information about 9880 stock, go to TipRanks’ Stock Analysis page.

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