"Weimob Inc. announced the successful completion of the Tranche 1B Subscription Shares issue under its General Mandate. The company issued 172,124,000 Subscription Shares at a price of HK$2.26 per share, ensuring that the public float remains above 25% of the company's enlarged share capital. This strategic move is expected to strengthen Weimob's financial position and support its growth initiatives in the digital marketing and commerce solutions industry."
"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 WeimobWeimob Inc. is a company incorporated in the Cayman Islands, primarily operating in the technology sector. It focuses on providing digital marketing and cloud-based commerce solutions, aiming to enhance business operations and customer engagement for enterprises."
Weimob completed the Tranche 1B Subscription Shares issuance under its General Mandate, issuing 172,124,000 shares at HK$2.26 each. The public float remains above 25% of enlarged share capital. The issuance is expected to strengthen Weimob's financial position and support growth initiatives in digital marketing and cloud-based commerce solutions. Weimob is incorporated in the Cayman Islands and operates primarily in the technology sector, focusing on digital marketing and commerce platforms to enhance business operations and customer engagement. Average trading volume stands at 149,220,644. Technical sentiment signals Hold. Current market capitalization is HK$8.45 billion and the recent analyst rating is Hold with a HK$2.00 target.
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