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UBTECH ROBOTICS Swells 6%+ as Shareholder QM25 LIMITED Pledges Not to Sell Shrs by Bidding for Yr
Recommend 6 Positive 15 Negative 6 |
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UBTECH ROBOTICS (09880.HK) opened 2.29% higher before its gain expanded today (24th), and rallied 8.3% to a high of $63.85. The stock last elevated 6.36% to $62.7, with 1.9075 million shares traded, involving $119 million. UBTECH ROBOTICS received a voluntary undertaking from QM25 LIMITED, a shareholder of UBTECH ROBOTICS, pursuant to which it undertakes that it will not sell the shares of the Company through the secondary market within 12 months from now, according to UBTECH ROBOTICS' announcement. However, QM25 LIMITED may sell the shares of the Company by other means, only if the selling price is not less than $180 per share. Currently, QM25 LIMITED was interested in 13.0825 million H shares of the Company. AAStocks Financial News |
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