UDI Robotics to List on Hong Kong Stock Exchange on Sept 9

UDI Robotics, a developer of delivery robots, has launched a global offering and is set to list on the Hong Kong Stock Exchange on September 9. The company has secured two cornerstone investors: SenseTime and a subsidiary of 58.com.

The IPO involves 45 million H shares, with 225,000 shares (approximately 5%) reserved for the Hong Kong public offering and 4.275 million shares (about 95%) for international placement. The maximum offer price per share has been established, though the specific figure is not disclosed in the announcement.

This listing marks a significant milestone for UDI Robotics, providing capital to support its expansion and technological innovation. The company specializes in autonomous delivery robots for indoor and outdoor environments.