Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Weimob ( (HK:2013) ) has issued an announcement.
Weimob completed the issuance of 172,123,000 Tranche 2A subscription shares at HK$2.26 each under its general mandate, satisfying all conditions under the subscription and placing agreements and keeping its public float above 25%. The tranche, placed with Infini Global Master Fund, advances the company’s multi-step capital raise without creating a new substantial shareholder, while management prepares for the forthcoming Tranche 2B designation and keeps investors apprised of further developments.
The most recent analyst rating on (HK:2013) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Weimob stock, see the HK:2013 Stock Forecast page.
More about Weimob
Weimob Inc. operates in China’s cloud-based commerce and marketing services space, providing SaaS tools and digital solutions to help merchants manage online customer engagement and retail operations, with a focus on omnichannel commerce enablement.
Average Trading Volume: 83,452,076
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.95B
Find detailed analytics on 2013 stock on TipRanks’ Stock Analysis page.