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Weimob ( (HK:2013) ) just unveiled an update.
Weimob Inc. has successfully completed the issuance of Tranche 1A Subscription Shares under a general mandate, with a total of 172,123,000 shares subscribed at a price of HK$2.26 per share. This completion marks a significant step in the company’s capital raising efforts, potentially enhancing its market position and financial flexibility, while also impacting its shareholding structure by increasing the percentage of shares held by public shareholders.
The most recent analyst rating on (HK:2013) stock is a Hold with a HK$2.00 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. is a company incorporated in the Cayman Islands, operating within the technology sector. It is listed on the Hong Kong Stock Exchange and is involved in providing digital marketing and cloud-based commerce solutions.
Average Trading Volume: 158,941,210
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.38B
For detailed information about 2013 stock, go to TipRanks’ Stock Analysis page.