SenseTime-W (00020) announced that about 1.673 billion new Class B shares were issued and completed on June 27, 2024...
According to the Zhongtong Finance APP, SenseTime-W (00020) announced on June 27, 2024 that it had completed the distribution of approximately 1.673 billion new Class B shares, with 1.20 Hong Kong dollars per share and a net proceeds of approximately HKD 1.995 billion, mainly to improve the scale of SenseTime's leading industry performance device, support the further development of generative artificial intelligence (including large model research and product development), and use for the company's general operating capital.