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Stock impact report

AMTD International Inc. Announces Full Exercise of Over-Allotment Option

AMTD International Inc. American Depositary Shares, each representing one Class A Ordinary Share (HKIB) 
Company Research Source: Business Wire
HONG KONG--(BUSINESS WIRE)--AMTD International, Inc. (“AMTD” or the “Company”) (NYSE: HKIB), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and Asia’s No. 1 independent asset management firm in serving both PRC regional banks and new economy companies2, today announced that the underwriters of the Company’s initial public offering (the “IPO”) have exercised in full their over-allotment option to purchase an additional 3,113,955 American depositary shares (“ADSs”) from the Company at the IPO price of US$8.38 per ADS. After giving effect to the exercise of the option, AMTD has issued and sold a total of 23,873,655 ADSs in the IPO, for total gross proceeds of approximately US$200 million.AMTD Global Markets Limited and Loop Capital Markets LLC. acted as the lead underwriters of this offering, while MasterLink, Tiger Brokers and ViewTrade Securities were also Joint Bookrunners in this transaction.A Show less Read more
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