Wondershare Technology Group Co., Ltd. announced that it expects to receive CNY 1.100804713 billion in funding
June 18, 2023
Share
Wondershare Technology Group Co., Ltd. announced a private placement to issue not more than 38,971,898 A shares at CNY 28.2461146 per share for gross proceeds of not more than CNY 1,100,804,700 on June 19, 2023. The transaction included the participation from not more than 35. The issue price will not less than 80% of the average price in the 20 trading days before the pricing reference date of the transaction. The shares cannot be transferred within 6 from the issuance closing date. The transaction has been approved by 10th Meeting of the Companyâs 4th Directorate, and the company subject to the approvals of the Companyâs Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission.
On June 19, 2023, the Company held the 10th Meeting of the 4th Directorate and the 9th Meeting of the 4th Supervisory Board, and approved the 2023 private placement of A shares.
Wondershare Technology Group Co.,Ltd, formerly Wondershare Technology Co., Ltd. is a China-based company which is mainly engaged in research and development, sales of consumer software and provide the appropriate technical support services. The Companyâs consumer software products mainly refer to software products related to life, entertainment, work which designed around individual and home consumer applications. The Companyâs software products mainly involve three major categories: multimedia classes, cross-port data management classes, digital documents Class, such as media editing software, media management software, data recovery software, data erasing software, document editing software, document conversion software. The Companyâs products can be applied to personal computers, tablet PCs, smart phones and other application terminals.