Unisound AI Completes New H-Share Placing to Fund Accelerated AI R&D and Expansion

Unisound AI Technology Co., Ltd. ( (HK:9678) ) has shared an update.

Unisound AI Technology has completed the placing of 780,000 new H shares, representing about 1.84% of its H shares and 1.08% of total enlarged share capital, at HK$252 per share to at least six institutional or professional investors under its general mandate, bolstering its capital base without a U.S. public offering. The company plans to use the new funds to accelerate R&D in its Atlas AI infrastructure, UniBrain and the UniGPT Medical Large Model 5.0, including substantial investment in computing power, supercomputing platform optimisation and AI development capabilities, as well as to support faster-than-expected expansion in smart healthcare and smart living businesses where demand and client engagement are growing rapidly, creating new funding needs beyond the original IPO proceeds.

More about Unisound AI Technology Co., Ltd.

Unisound AI Technology Co., Ltd. is a China-based artificial intelligence company focused on full-stack AI technologies, including its Atlas AI infrastructure, UniBrain platform and sector-specific large models such as UniGPT Medical. The company targets high-growth application scenarios in smart healthcare, smart living and related verticals, working with major hospitals, insurers, government medical bodies and industrial clients to commercialise AI solutions, chips and hardware products.

Average Trading Volume: 162,967

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$19.14B

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